Inside Wealth: Taxes
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While Washington bickers over whether to raise taxes on the rich, the truth is, taxes on the richest Americans are already at their highest in decades.
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While Washington bickers over whether to raise taxes on the rich, the truth is, taxes on the richest Americans are already at their highest in decades.
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New York State's coffers are up $1.6 billion over last year, but the increase is due mostly to the wealthy shifting income into 2012 to avoid higher 2013 taxes.
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Charles Schwab's model in the new low-fee 401(k) environment is to move to index fees, and hope customers will pay to take their advice.
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Long after the housing crash, wealthy homeowners are challenging what they perceive as overly high tax assessments of their properties.
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Giving in the United States grew by a scant two percent in 2012, the slowest since the depths of the financial crisis in 2009.
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Virtually every state's tax system unfairly takes from those who make the least, says a new report. But which states take the most from their richest residents?
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Relying on the wealthiest taxpayers can turn into budget turmoil when the market slides, according to analysts.
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The long-favorable tax policies for the wealthy are rapidly falling one by one. Now it may be India's turn.
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One study says that the "cliff" deal will not, in fact, reduce the giving of the wealthy. It's likely to increase it.
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After California hiked taxes on its top earners, the state's multi-billion-dollar deficit is gone. But experts say the tax on the rich isn't, and won't ever prove, the boon to the economy that Democrats hope.
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The death of the temporary payroll tax cut means everyone will see a bigger tax bite out of their paychecks this year.
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French Budget Minister Jerome Cahuzac, who has spent months singling out tax dodgers, is ensnared in allegations that he transferred money from a Swiss account into one in Singapore.
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Millionaires already get audited more than the everyone else but a new government report suggests they should get audited even more.
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In one of the largest such prosecutions in years, a Florida woman pleaded guilty to two charges of filing false tax returns that failed to report her UBS accounts.
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French actor Gerard Depardieu's flirtation with moving to Russia to escape tax hikes obscures the broader fact that wealthy Russians are fleeing their country.
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Despite its well-publicized cutoff at incomes of $400,000 and up, the fiscal cliff deal could increase taxes on people making less.
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The wealthy generally support higher income taxes, and that their support is growing, a new survey found.
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Professionals, like doctors and lawyers and anyone else who might be sued, should work with an adviser to keep creditors from cleaning them out if they lose in court
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Sure, investment returns grab the headlines, but fees fatten the top and bottom line, which makes expansion into other services tempting.
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Australian mining heiress Gina Rinehart is making news over a column she wrote where she said "if you're jealous of those with more money, don't just sit there and complain," among other things. CNBC's Robert Frank has the details.
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Frank joined CNBC in 2012 as a reporter and editor. He is a leading journalistic authority on the American wealthy.