Taxes

The Democratic chairman of the House Ways and Means Committee, Charles Rangel, has introduced a tax-reform bill that would lower taxes for 91 million families and overhaul the entire tax code to the tune of almost a trillion dollars. Steve Henn reports.

Brazilian authorities have raided Cisco offices and several homes on allegations the company evaded millions in taxes. Dan Grech reports the raids point to Brazil's bigger problem with high corporate taxes.

Today is the deadline for people who filed for a tax extension in April. But Alisa Roth reports that many of them have yet to pay up -- and thanks to the current economy, it may take them even longer.

Paul Krugman's new book, "The Conscience of a Liberal," considers a group determined to take over the Republican party and Franklin D. Roosevelt's New Deal. Doug Krizner discusses a gamut of issues with the author.

Republicans and Democrats agree -- the Alternative Minimum Tax must go. But while Republicans have unveiled a plan to eliminate it, Democrats say it should just be replaced. Steve Tripoli reports.

A combination of words that have surely struck you with dread. No, you didn't read wrong. Enjoy your last days of duty-free browsing...

London has more foreign billionaires than anyplace else in the world. Why? Because they pay less in taxes than they would in other large, developed countries. But that tax break is fostering resentment among less-affluent Brits. Stephen Beard reports.

Next week, lawmakers will be voting on a wide array of budget bills. Odds are President Bush will veto anything he thinks spends too much or that hints of a tax increase. But to succeed, says commentator Jeff Birnbaum, he'll need a little help from his friends.

It's going to cost some $250 million to repair the collapsed highway bridge in Minnesota and there are already calls for more federal funds to fix other bridges around the country. So where's Congress going to get all that cash? Jeremy Hobson reports.

The federal government has offered New York City $354 million to pay for Mayor Bloomberg's proposal to charge a fee for vehicles entering the busiest areas of Manhattan. The mayor says it will be good for the economy. Bob Moon reports.