Taxes

4:15pm

Wed August 8, 2012
Business

Tax Evaders Beware! Money's Getting Harder To Hide

Originally published on Thu August 9, 2012 1:51 pm

The U.S. government has been working for years to crack down on Americans dodging taxes overseas. In 2009, under intense pressure, the Swiss bank UBS released the names of its American customers.
Fabrice Coffrini AFP/Getty Images

Republican presidential candidate Mitt Romney has acknowledged that he had money in a Swiss bank account until 2010. Romney says he wasn't trying to hide the money, since he reported the account to the government.

Even so, he closed the account at a time when the federal government was in the middle of a major crackdown on offshore tax havens — a crackdown that has made it harder for Americans to hide their money overseas.

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4:15pm

Wed August 8, 2012
It's All Politics

In Brawl Over Romney's Tax Returns, Harry Reid Gets Marquee Billing

Originally published on Wed August 8, 2012 4:57 pm

Senate Majority Leader Harry Reid, D-Nev. speaks to the media at the Capitol in March.
T.J. Kirkpatrick Getty Images

Republican presidential candidate Mitt Romney's decision not to release more of his past tax returns has fueled countless attacks and counterattacks.

The former Massachusetts governor has released his 2010 tax return and promises that his 2011 return is forthcoming. He says that's enough.

But that's not enough for Senate Majority Leader Harry Reid, D-Nev. The result is an increasingly ugly fight.

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3:40pm

Wed August 8, 2012
It's All Politics

Poll Shows Voters Split On Presidential Candidates' Tax Returns

Originally published on Wed August 8, 2012 4:10 pm

About half of those surveyed in a new poll of voters in three swing states thought presidential candidates should release multiple years of their tax returns.

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10:28am

Wed August 8, 2012
Planet Money

Should We Tax Olympic Prize Money?

U.S. gold medallists pose on the podium after their world-record 4x100m medley relay final.
Clive Rose Getty Images

3:32am

Thu August 2, 2012
Presidential Race

Breaking Tax Code: Obama Jumps On Romney's Policy

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION, from NPR News. I'm Steve Inskeep.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

A damaging analysis has worked out the implications of Mitt Romney's plan to change the tax code. Romney says if elected, he would cut taxes, and do it in a way that does not expand the federal deficit.

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