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    Tax News

    By The Associated Press

    | 9:15AM 5/29/2012
    A handful of cash-strapped states are getting aggressive about collecting every tax owed -- hiring more collectors, hounding scofflaws and exploiting corners of their tax laws that haven't been enforced in years -- all to avoid doing one painful thing: officially raising taxes.

    By John Grgurich, The Motley Fool

    | 2:55PM 5/24/2012
    The nonpartisan Congressional Budget Office is warning that if $607 billion in tax increases and spending cuts all hit as scheduled, the U.S. will likely go into recession in 2013. It's a "fiscal cliff" we don't have to jump off.

    By Dan Caplinger

    | 5:30AM 5/23/2012
    Facebook co-founder Eduardo Saverin gave up his U.S. citizenship and emigrated to Singapore immediately before Facebook's IPO. For him, it's not a bad tax move. But could it be right for you?

    By Adam J. Wiederman, The Motley Fool

    | 2:19PM 5/07/2012
    It's widely known that millionaires and billionaires pay taxes at a lower rate than those of us who make much less. But did you know that Americans collectively pay far higher income tax rates than many U.S. companies with billions of dollars in profits?

    By Bruce Watson

    | 2:15PM 4/27/2012
    Several states are currently weighing plans to phase out state income tax; the aftermath of similar policies in other states suggests that these initiatives could carry a very high price for some of the country's poorest citizens.