The trade-offs involved are shifting more of the tax burden onto middle-income folks or cutting programs.

The trade-offs involved are shifting more of the tax burden onto middle-income folks or cutting programs,

The size of the income surplus is approaching that of the trade surplus, and this is a trend worth watching.

The outlook remains poor, ... Production cutbacks at Ford and GM, mediocre personal income growth and record trade deficits all bode poorly for economic growth and jobs creation.

Things that some people have come to view as income and are used to being taxed on would not be taxable anymore.

Next week's jobs report will be key to the income data and need to be watched as much for that reason as for the unemployment rate and job growth, ... Another month of weakness in the hours worked and wages data would be worrisome.