Taxes

• FORT WAYNE, Ind. (Indiana's NewsCenter) – A local financial expert breaks down why Republican Presidential Candidate, Mitt Romney, paid less than 15 percent in federal taxes. Republican Candidates for President held their 20th debate Thursday night.
(msnbc.com)
• Frank and Joanne McShalley dont think of themselves as rich. He works for an insurance company. Shes an office manager. Theyve got two kids in Baltimore County Catholic schools.
(Baltimore Sun)
• At least 36 members of President Obama's executive staff owe back taxes to the federal government, Investor's Business Daily reported on Thursday.
(YAHOO!)
• This post is by Stephen Ohlemacher of The Associated Press.
(MSN Money)
• This has to be one of the more hilarious gotchas in campaign history. The New York Times reported that Mitt and Ann Romney overpaid their taxes by $44,000 last year — because of a screw-up by Goldman Sachs.
(Daily Mail - Charleston (blog))
• WASHINGTON — Some of the nations wealthiest Americans are paying federal taxes at a rate lower than hundreds of thousands of middle-class wage earners thanks to a system that rewards investment over sweat labor.
(Evansville Courier-Press)
• As the attention shines on Mitt Romney's tax returns, it looks like when any fiscal reform plan is ultimately adopted capital gains rates are going up.
(Wall Street Journal)