federal income tax

The Internal Revenue Service paid $2.8 million in bonuses plus thousands of hours of paid time-off to 2,800 of its employees who had been disciplined for misconducts such as late or non-payment, misuse of travel cards, and even fraud, internal government investigators say. (Photo credit should read JIM WATSON/AFP/Getty Images)

Gallup: 52 Percent Of Americans Say Federal Income Taxes ‘Too High’

As the April 15 tax deadline passes, more than half of Americans say that their federal taxes are too high and the lowest percentage since 2001 say they’re paying a fair amount.


Republican presidential hopeful and former Mass. Gov. Mitt Romney speaks during a town hall meeting at Diamond V South Plant on Dec. 9, 2011 in Cedar Rapids, Iowa. (credit: Kevork Djansezian/Getty Images)

Romney Closed Swiss Bank Account Before Entering White House Race

Advisers to Republican presidential candidate Mitt Romney are acknowledging that he once had a Swiss bank account but that it was closed in 2010 as prepared to enter the race for the White House.