Taxes

2:00am

Fri April 13, 2012
Your Money

Why Tax Day Falls On April 17 This Year

Originally published on Fri April 13, 2012 9:25 am

Tax day falls on April 17 this year, due to a little-known holiday in the District of Columbia.
iStockphoto.com

Every year, millions of Americans scramble to file their income taxes before the filing deadline — ordinarily April 15.

But procrastinators get a reprieve this year: The 2012 deadline falls on Tuesday, April 17.

This year, April 15 falls on a Sunday. One might expect that would make Monday, April 16, the 2012 filing deadline.

But not so this year. Monday is the District of Columbia's Emancipation Day — a local holiday unfamiliar to most Americans.

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2:00am

Thu April 12, 2012
Business

Taxes Lead To Stress Which Leads To Fatal Wrecks

Transcript

STEVE INSKEEP, HOST:

Some other news: Tax day is rapidly approaching, and it turns out that day can hazardous to your heath.

As NPR's Wendy Kaufman reports, researchers found a rise in fatal auto accidents on the day taxes are due.

WENDY KAUFMAN, BYLINE: Back in 1789, Ben Franklin wrote: Nothing can be said to be certain except death and taxes. He couldn't possibly have foreseen the linkage reported in this week's Journal of the American Medical Association: 6 percent more people than usual are killed on the roads on tax day.

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9:41am

Wed April 11, 2012
It's All Politics

4 Reasons Obama Keeps Pushing Buffet Rule

President Obama, with millionaires and their assistants, makes a point on the "Buffett Rule" in Washington, DC, Wednesday, April 11, 2012.
Chip Somodevilla Getty Images

For President Obama, the Buffett Rule is the political equivalent of a Swiss army knife, a tool he clearly intends to use any number of ways as he fights to be re-elected and deny the White House to Republican Mitt Romney.

From the Democrats' perspective, the proposed rule, which would require that superwealthy taxpayers with at least $1 million in taxable income after deductions, pay taxes at a minimum 30 percent rate, has so much going for it, they can hardly stop talking about it.

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8:38am

Wed April 11, 2012
Shots - Health Blog

Drive On Tax Day At Your Own Risk

Tax Day is bad enough. Don't make it worse with a traffic accident.
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If you need another reason to be wary of Tax Day, some Canadian researchers have found one.

Fatal car crashes rise on the deadline for filing federal taxes. That's April 17 this year, if you're making travel plans.

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2:00am

Wed April 11, 2012
NPR Story

What Would The Buffett Rule Mean For The U.S. Economy

President Obama makes a case for the tax proposal dubbed the "Buffett rule" Tuesday at Florida Atlantic University in Boca Raton, Fla.
Marc Serota Getty Images

A tax-the-rich proposal named after Warren Buffett has little chance of passing this year, but that hasn't stopped the debate over what impact it would have.

Some economists are skeptical that a 30 percent minimum tax on people with million-dollar incomes — known as the "Buffett rule" — would do much to reduce the deficit or boost the economy. But the Obama administration says the proposal is necessary to make the tax code more equitable.

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