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What's the difference between a flat tax and a fair tax?

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The flat tax and fair tax are two suggestions people have made for reforming the tax code. Learn more about flat tax and fair tax.

Recession Pictures

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Trace the economy's path from subprime collapse to the mortgage crisis to the credit market crisis. Check out our Recession Pictures.

How Tax Shelters Work

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Tax shelters help reduce your tax burden to the IRS by reducing your taxable income. Learn how to use, and not abuse, tax shelters at HowStuffWorks.

How Income Taxes Work

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If you've ever filled out a 1040, you know the U.S. tax system and the agency that keeps it going are complex and mystifying entities. Get the lowdown on this essential piece of the U.S. government.

Green Living Pictures

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Green living encompasses your dining choices as well as your driving choices. Learn all about living green in these green living pictures.

How Carbon Tax Works

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A carbon tax is one of two market-based options that focus on lowering harmful emissions. Learn about the carbon tax and how a carbon tax can lower emissions.

Can tax rebates really prevent an economic downturn?

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When the U.S. government issues tax rebates, it makes headlines. But can these tax rebates prevent an economic downturn? Learn more about tax rebates.

How Tax Evasion Works

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Tax evasion is a serious crime, but there's a difference between nefarious activity and simply making a mistake on your return. Read more about tax evasion.

Would a fat tax save lives?

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Fat tax offers another way to fight obesity by raising the price of fatty and unhealthy foods. Learn more about the fat tax and how it can save lives.

Are taxes socialist?

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Are taxes socialist? Read about what it means to be socialist and whether or not taxes fit the description.

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