| I've Never Seen a Fair Tax (The Motley Fool) |
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The Motley Fool - As the 2008 presidential campaign enters full swing, several candidates have proposed ways to reform the income tax. Although many of them claim that their proposals would result in a "fairer" tax system, all of them have definite winners and losers -- not all of whom match up with what the campaign rhetoric says. Read Entire Article |
While nobody likes filing tax returns, most people are rewarded handsomely for their efforts: About 75% of taxpayers get a refund, according to the Internal Revenue Service. In 2005, the average refund rang in at more than $2,000, a nice chunk of change.
| AP - More than 3 million people will have to wait until February to get their tax refunds because of Congress' late fix to the alternative minimum tax, the IRS said Thursday. | |
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