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Examples

  • Income-tax expense from continuing operations jumped to $247 million from $158 million and interest expense increased 13%.

    Duke Energy Net Rises 23% on Asset Sales Naureen S. Malik 2011

  • Income-tax turmoil followed, as President Obama and lawmakers sparred over whether to extend the expiring "Bush tax cuts" of 2001-03 to all U.S. taxpayers or only to couples making less than $250,000 $200,000 for singles.

    Taxing Year Brings a Less-Taxing Year Laura Saunders 2011

  • The government has tried to address this problem by proposing a new law to replace the existing direct tax law, the Income-tax Act, 1961.

    Expect Small Twists & Turns on Direct Taxes Saurav Bhattacharya 2011

  • Income-tax rates may be headed higher next year if congressional lawmakers don't extend Bush-era tax cuts, but what will rates be 10 or 20 years from now?

    A New Diversification Tactic Places the Focus on Taxes Carolyn T. Geer 2010

  • Income-tax rates Capital-gains and dividend rates Estate, gift and generation-skipping tax rates "Pease" and PEP relief The controversy began on Jan. 1 of last year, when the estate tax lapsed for the first time since its enactment in 1916, due to Senate inaction in late 2009.

    Taxing Year Brings a Less-Taxing Year Laura Saunders 2011

  • Income-tax rates are relatively low right now -- the current top rate is 35%, compared with 50% in 1986 and 91% in 1950, according to the Tax Policy Center.

    Is a Roth 401(k) Right for You? Andrea Coombes 2011

  • Income-tax revenue can fluctuate widely because the wealthier taxpayers who make up a large share of the tax base have relatively large gains and drops in their taxable income.

    States Fumble Revenue Forecasts Conor Dougherty 2011

  • Think about it: Income-tax dollars go from you to Washington, where they are appropriated out to various big-budget items.

    Broke Glenn Beck 2010

  • Income-tax rates • Status: The "Bush tax cuts" of 2001 expire at the end of 2010.

    Tax WarsGearing Up for the 2010

  • Lastly, Prof. Reich writes: "Income-tax cuts go mainly to upper-income people, and they tend to save rather than spend."

    Henryk A. Kowalczyk: The Lure of Keynesianism 2009

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