Taxes

CE0s who fly around in company jets might have to start paying special fees to use the FAA's air-traffic-control system. Commercial airlines say it's about time. Nancy Marshall Genzer reports.

Life is hard enough without having to decipher everything. Each week, Marketplace Money brings you a word or a phrase that has bubbled to the top of the news. For instance, "Excise Tax." You hear it, you see it, but do you really know it?

It's time once again for economics editor Chris Farrell to help you sort out what's smart, what's stupid and what's the Straight Story. This week, it is the season for W-2s. Chris wishes for a season of tax reform.

President Bush has proposed tax reform which would treat the health insurance you get through your employer as taxable income. So who would benefit from his plan?

Mayor Michael Bloomberg announced today a $1 billlion tax-relief package for New Yorkers. Alisa Roth reports on what this means for the Big Apple.

House Democrats have reinstated a rule that requires new spending to be matched by either a tax increase or cuts to something else in the federal budget. John Dimsdale reports.

President Bush says he's willing to consider Democrats' proposals for saving Social Security — including tax increases. Commentator Steve Moore thinks that if that idea becomes reality, the party's over.

A new law makes turning in income tax cheaters far more profitable, earning informants up to 30 percent of what the IRS recovers. Tax experts think it's a win-win solution, Steve Tripoli reports.

President Bush signed a big tax and trade bill today. Part of it made blowing the whistle on tax cheats far more profitable. Easier too. Steve Tripoli has the story.

Americans are expected to give a collective record $200 billion in charitable donations this year. But commentator Robert Reich says we need to limit tax deductions for donations to <i>real</i> charities.