Taxes

9:04am

Thu September 20, 2012
Planet Money

The Fiscal Cliff, In Three And A Half Graphics

Originally published on Tue November 6, 2012 9:50 am

Lam Thuy Vo / NPR

For more, see this story from NPR's Marilyn Geewax on how Congress might pass some stopgap measures to blunt the effect of the fiscal cliff.

A bunch of federal tax increases and spending cuts are scheduled to kick in around Jan. 1, 2013. This is what people are talking about when they talk about the "fiscal cliff."

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3:19am

Thu September 20, 2012
Business

Correction To Taxpayer Stories

Transcript

STEVE INSKEEP, HOST:

We also have a correction for you this morning. Two reports in our air in recent days listed Americans who do not pay income taxes, and those lists included mentions of active duty-military service members. Those statements were too broad.

RENEE MONTAGNE, HOST:

Military personnel do pay federal income tax. But there are exemptions for some, including those who are serving in designated combat zones.

(SOUNDBITE OF MUSIC)

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10:18am

Tue September 18, 2012
Planet Money

The 47 Percent, In One Graphic

Originally published on Thu November 8, 2012 5:25 pm

Lam Thuy Vo / NPR

Mitt Romney's comments regarding the 47 percent of Americans who pay no income tax is getting lots of attention today. Our colleague Mark Memmott explains the context.

Here's a closer look at the numbers.

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7:13am

Tue September 18, 2012
The Two-Way

Romney's Wrong And Right About The '47 Percent'

Originally published on Tue September 18, 2012 11:12 am

Republican presidential candidate Mitt Romney talking to reporters Monday in Costa Mesa, Calif.
Nicholas Kamm AFP/Getty Images

Republican presidential nominee Mitt Romney told supporters that "there are 47 percent of the people who will vote for the president no matter what" because they are "dependent upon government ... believe that they are victims ... believe the government has a responsibility to care for them ... these are people who pay no income tax."

Who was he talking about?

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2:24am

Fri September 14, 2012
U.S.

California Online Sales Tax Faces Enforcement Hurdle

Originally published on Fri September 14, 2012 9:43 am

An Amazon worker sorts packages at a fulfillment center in Goodyear, Ariz.
Ross D. Franklin AP

It's not hard to find online shoppers these days. Take the hipster cafe in San Francisco's Mission District where Shirin Oskooi opens her laptop and ticks off her latest Amazon purchases.

Next to her is Craig Sumner. He opens an Amazon invoice to see how much sales tax he was charged on his latest pair of Levis: none.

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