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Inside Wealth Inside Wealth: Taxes

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  • Taxes paid by the top earners are putting the U.S. back in the black, according to the Congressional Budget Office.

  • Lauryn Hill leaves court in Newark, N.J. Hill pleaded guilty in June 2012 for failing to pay federal taxes on $1.8 million earned from 2005 to 2007.

    Tax attorneys say celebrities like Grammy Award winner Lauryn Hill are often sentenced and prosecuted more vigorously so that officials can send a message to the public.

  • Banks in Singapore are urgently scrutinizing their account holders as an imminent deadline on stricter tax evasion measures forces them to decide whether to send some of their wealthiest clients packing.

  • Ron Perelman chairman and CEO of MacAndrews & Forbes

    Most of the wealthy have a binary view of taxes: less or more. But billionaire Ronald Perelman has a more nuanced view. He believes income taxes should be high for the wealthy, but the estate tax should be abolished.

  • Predicting how much the US will collect in in taxes each April is a chancy prospect, thanks to the wealthiest taxpayers.

  • Flowers are in full bloom in front of the U.S. Capitol.

    Higher than expected tax revenues resulting from outsized gains by the wealthy in 2012 could ease the budget pressures in Washington — or stoke arguments over taxes and spending.

  • Warren Buffett speaks to Becky Quick on CNBC's "Squawk Box" on Mar. 4, 2013.

    For President Obama, new revenues depend on curbing deductions for affluent taxpayers and implementing Warren Buffett's minimum 30 percent tax for millionaires.

  • New data from the IRS shows that tax filers with taxable incomes of $1 million or more were audited nearly 12 times more often than the population as a whole.

  • New York Governor Andrew Cuomo

    A tax on wealthy New Yorkers follows efforts in other states to improve shaky balance sheets with revenue from those with top incomes.

  • 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.

  • Paul Ryan

    Paul Ryan's proposed budget would cut taxes for just about everyone, with the top earners getting the biggest tax cuts.

  • Tom DiNapoli

    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.

  • 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.

  • Long after the housing crash, wealthy homeowners are challenging what they perceive as overly high tax assessments of their properties.

  • Giving in the United States grew by a scant two percent in 2012, the slowest since the depths of the financial crisis in 2009.

  • New Jersey Gov. Chris Christie struggles to balance his budget despite taxing his wealthiest citizens at one of the highest rates in the nation

    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?