Bezos says bottom half of U.S. earners should pay no federal income tax
The Amazon founder said eliminating taxes for lower-income Americans could ease financial pressure and encourage entrepreneurship.
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The Amazon founder said eliminating taxes for lower-income Americans could ease financial pressure and encourage entrepreneurship.
The IRS started accepting tax returns on Jan. 26. Here's everything you need to know about getting your tax refund.
Income tax cuts are taking effect in multiple U.S. states on Jan. 1, 2026, a new analysis says.
Many IRS workers are furloughed due to the government shutdown, but taxpayers are still required to file their extensions this week.
Congressional budget writers are trying to put the final framework together on President Trump's massive $4.5 trillion tax cut plan. But finding the additional spending cuts is proving difficult. Andres Gutierrez reports that service workers are worried Trump's touted no tax on tips plan could be off the menu.
April 15 is the deadline to file your taxes, unless you live in one of the states the IRS is allowing people to request an extension due to natural disasters. CPA and Bankrate reporter Kemberley Washington shares some last-minute tax tips.
Most Americans don't know their own tax rate or what others pay to the IRS, yet most feel their taxes are too high.
Karla Dennis is an enrolled tax agent with KDA Incorporated, a tax strategy business. She joined CBS News to discuss how to protect yourself from someone stealing your identity and filing a tax return in your name, potentially running off with your refund.
If you're still working from home, you might be looking into some home office deductions as you prepare your taxes. Money and personal finance reporter Medora Lee joined CBS News to discuss those potential deductions and other tax tips.
It's tax filing time and if you're working on your 2024 return then you might be seeing changes with brackets, rates and other parts of the tax code. CBS News business analyst Jill Schlesinger has a look at some of what's different this year.
The IRS said funding from the Inflation Reduction Act has helped it go after wealthy taxpayers who failed to pay their tax bills.
Each presidential candidate is proposing significant changes to the tax code. Here's who would win and lose.
Project 2025, the plan from the conservative think tank Heritage Foundation, aims to overhaul several portions of the federal government. Some of the proposed changes include a restructuring of the tax code. Howard Gleckman, senior fellow at the Urban Institute, joins CBS News to examine the plan's potential impacts and practicality.
The Supreme Court upheld a Trump-era tax on foreign earnings Thursday. In a 7-2 ruling, justices said the policy, which imposes a one-time tax on Americans with shares of foreign companies, is constitutional. CBS News legal contributor Jessica Levinson unpacks the decision.
Millions of Americans could owe money to the IRS on June 17, with fines for missing payment on the rise.
Americans have until April 15 to file their taxes or file an extension. If you live in Maine or Massachusetts, you have until April 17. An expert offers some last-minute tips if you still have to file.
President Biden was pitching his tax plan in his hometown of Scranton, Pennsylvania, on Tuesday. The president argued everyone needs to pay their fair share. CBS News chief White House correspondent Nancy Cordes has the details.
The tax filing deadline for most Americans is April 15. Pratik Patel, head of family wealth strategies for BMO Family Office, joined CBS News with some helpful advice to avoid common filing mistakes.
As the tax season progresses, the IRS reports having received over 71.5 million tax returns, already issuing more than 49 million refunds to Americans. With the average refund amounting to $3,109, CBS News business analyst Jill Schlesinger offers advice on how Americans can make the most of their tax refund.
Tax season is officially underway. The Internal Revenue Service says they're anticipating more than 146 million individual tax returns to be filed by the April 15 deadline. CBS News business analyst Jill Schlesinger shares some useful tax tips for filers.
The Supreme Court heard arguments Tuesday in a case that could scramble the tax code. CBS News legal contributor and Loyola Law School professor Jessica Levinson joins to unpack what's at stake.
High-income people in cities such as New York and San Francisco can save up to $200,000 a year by migrating to Miami, study finds.
The average tax refund is shrinking this year, while more taxpayers owe money to the IRS.
In some cities, the milestone income falls way short of a six-figure lifestyle, a SmartAsset analysis shows.
What happens if you don't pay your taxes correctly or on time? David Ragland, certified financial planner and CEO of IRC Wealth, joins CBS News' Errol Barnett and Lana Zak with his insight.
The U.S. moves more refueling planes to the Mideast and adds medics at a major military hospital as the war with Iran spreads to another key waterway.
The U.S. defense industrial base isn't equipped to produce missiles rapidly enough to replenish munitions used in the war with Iran, or transferred for use to Central Command.
The Trump administration will impose tariffs of up to 12.5% on goods from 60 U.S. trading partners accused of failing to crack down on forced labor, extending the administration's tariffs on much of the world.
The Justice Department withdrew its subpoenas for New York Times reporters during a court heraing Thursday, after a judge grilled government lawyers for making "errors."
The Justice Department will face an uphill battle if it tries to prosecute Jack Smith over allegations leveled by House Republicans, former prosecutors say.
Federal health officials said they've identified a new outbreak of the cyclospora parasite, but the source hasn't been specified.
The votes in Congress follow the deaths of several U.S. service members who were killed in Iranian attacks, and as the cost of the war escalates.
Madison's chief of police says an officer in Wisconsin's capital city shot and killed a man who had injured him with a knife while resisting arrest.
Tropical Storm Bertha is the second named storm of the Atlantic hurricane season.
Texas Attorney General Ken Paxton accused Maria Rojas of performing illegal abortions and practicing medicine without a license last year.
Derek Williams died Wednesday, according to his family. He had been living with Parkinson's disease and was recently diagnosed with cancer.
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
The lawsuit claims the Trump administration is withholding hundreds of millions of dollars in disaster-preparedness and homeland security grants to pressure states to change policies on elections and immigration.
The U.S. defense industrial base isn't equipped to produce missiles rapidly enough to replenish munitions used in the war with Iran, or transferred for use to Central Command.
The Trump administration will impose tariffs of up to 12.5% on goods from 60 U.S. trading partners accused of failing to crack down on forced labor, extending the administration's tariffs on much of the world.
The new Gold+ initiative would allow private contractors to handle passenger screening at three airports while the TSA retains federal oversight.
Only about 53% of Americans own homes, or about 12 percentage points lower than previous data has shown, the study found.
The robot actor is generating work for Hollywood creatives, not stealing jobs from actors, her inventor tells CBS News.
The recall affects white-shell and cage-free eggs sold under multiple grocery brands in six states. No illnesses have been reported.
The lawsuit claims the Trump administration is withholding hundreds of millions of dollars in disaster-preparedness and homeland security grants to pressure states to change policies on elections and immigration.
The U.S. defense industrial base isn't equipped to produce missiles rapidly enough to replenish munitions used in the war with Iran, or transferred for use to Central Command.
The Trump administration will impose tariffs of up to 12.5% on goods from 60 U.S. trading partners accused of failing to crack down on forced labor, extending the administration's tariffs on much of the world.
The Justice Department withdrew its subpoenas for New York Times reporters during a court heraing Thursday, after a judge grilled government lawyers for making "errors."
The Justice Department will face an uphill battle if it tries to prosecute Jack Smith over allegations leveled by House Republicans, former prosecutors say.
U.S. health officials said they are investigating an additional outbreak of cyclospora, but do not know its source. Plus, Taylor Farms has reportedly shut down the plant where lettuce is suspected to have started the initial outbreak that has sickened thousands in at least 41 states. Carter Evans reports.
Utah's weekly measles case count has fallen. The national tally hasn't, and a newborn who's too young to be vaccinated is caught in between.
Federal health officials said they've identified a new outbreak of the cyclospora parasite, but the source hasn't been specified.
The FDA panel will review seven peptides and decide if they should be added to a list of substances that can be safely produced by compounding pharmacies.
The recall affects white-shell and cage-free eggs sold under multiple grocery brands in six states. No illnesses have been reported.
Derek Williams died Wednesday, according to his family. He had been living with Parkinson's disease and was recently diagnosed with cancer.
The U.S. defense industrial base isn't equipped to produce missiles rapidly enough to replenish munitions used in the war with Iran, or transferred for use to Central Command.
As Iran's attacks keep ship traffic through the Strait of Hormuz to a trickle and oil prices surge, Gulf states are planning to invest billions in pipeline alternatives.
A former model who accused Jeffrey Epstein associate Daniel Siad of rape says his death in Paris is "very disappointing," as he never faced justice.
Mayor Valentin Lavin, who was allied to President Claudia Sheinbaum's leftist party, had already survived an armed attack in January, according to local media reports.
The robot actor is generating work for Hollywood creatives, not stealing jobs from actors, her inventor tells CBS News.
Peter Lassally, the fabled TV executive for such late-night hosts as Johnny Carson and David Letterman, and a mentor for many rising comedians, died July 19, 2026 at age 93. In this March 11, 2018 "Sunday Morning" profile, correspondent Mo Rocca talked with Lassally (affectionately dubbed "The Host Whisperer") about working with the kings of late-night. Lassally also talks about his childhood, part of which was spent in Nazi concentration camps, and also about whether he has had joy in his life.
"Criminal Minds" star Aisha Tyler was only supposed to be in six episodes of the show, but her journey on the series has now spanned over a decade. She tells "CBS Mornings" how her role has impacted her in real life and what it was like to work with guest star Connor Storrie from "Heated Rivalry."
Actor James Norton describes what it is like to play a villain in "House of the Dragon," which is a prequel to "Game of Thrones" and reveals which scene made him nearly faint during shooting.
Luke Bracey tells "CBS Mornings" the new "Little House on the Prairie" series was adapted from the books rather than a reboot of the TV show. He explains why he thinks it resonates with people today and how a playlist helped him and a co-star bond over their characters.
New research from a cybersecurity company now indicates that artificial intelligence models are getting better at solving multi-part problems. Gabriel Bernadett-Shapiro, who worked on the project and is a distinguished AI research scientist at SentinelOne, joins to unpack his team's research.
OpenAI is investigating after two of its AI bots went rogue and targeted an outside company during a training exercise in what the company called an "unprecedented cyber incident." Ian Krietzberg, an AI correspondent at Puck, joins with more.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Florida pastor Scott Winters claims in his lawsuit against OpenAI that ChatGPT's poor medical recommendations sent him to the hospital. CBS News' Jo Ling Kent sat down with Winters to discuss his experience.
A former pastor is speaking out, claiming ChatGPT's guidance landed him in the hospital. He's now suing OpenAI and its CEO. The company said, in part, "ChatGPT is not a doctor and should never be used as a substitute for medical care." Jo Ling Kent reports.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
Wisconsin Gov. Tony Evers is calling for accountability over the deadly police shooting of a man in Madison. Protests have erupted in the wake of the incident. CBS News' Jonah Kaplan has more.
Two men were stabbed on Thursday near Central Park in New York City, just blocks apart. The victims are Asian and Jewish, and the attacks are being investigated as a possible hate crime. Tom Hanson reports.
A multistate search is underway for a woman wanted in connection to a murder investigation. Police say Isabelle Rose Johnson is suspected of killing a Florida father who was found in a shallow grave last month. Cristian Benavides reports.
There were 89 people arrested in the New York area over the course of the World Cup, the NYPD said.
Protesters gathered after police in Madison, Wisconsin, fatally shot a man during an attempted arrest. The man was armed with a knife and injured an officer before he was shot, police said. CBS News' Mark Strassmann reports.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
A father-son duo in Idaho is on a mission to play catch every single day for a year, no matter the weather, and they're nearing the finish line. Tony Dokoupil reports.
Midwest Poultry Services, one of the biggest egg producers in the U.S., has recalled 1.6 million eggs over salmonella concerns. The eggs were distributed to six southern states and sold by multiple retailers.
President Trump is imposing new tariffs on dozens of countries accused of failing to crack down on forced labor. CBS News politics reporter Kathryn Watson has the latest.
The U.S. on Thursday launched a 13th straight night of strikes against Iran after President Trump threatened Iran and the Houthis with "major military punishment." Retired Marine Col. Mark Cancian joins with analysis.
The Secret Service confirms that an agent on Vice President JD Vance's security detail is being investigated for allegedly leaking information that compromised operational security. Criminal charges are possible. Nicole Sganga shares the details.