The day that many dread is here: It's Tax Day. Of the 143 million federal tax returns filed last year, more than 80 percent qualified for a refund. Steve Inskeep talks to David Wessel, economics editor of The Wall Street Journal, about the economics of tax refunds.
They say the only things that are certain in life are death and taxes. But half that statement appears to be under challenge by one late rap star and some special effects, which brings us to today's last word in business - virtual comeback.
President Obama's so-called Buffett rule has slammed into a wall of GOP opposition. On the eve of tax day, Senate Republicans voted yesterday to block a measure that would have made mega-investor Warren Buffett and billionaires and millionaires like him pay at least a 30 percent tax rate. Although Buffett endorses such a rule, Senate Republicans call it an election year gimmick. Their Democratic counterparts insist it's all about fairness. NPR's David Welna has our story.
The actor Alec Baldwin is in Washington, speaking in favor of the National Endowment for the Arts. The government-funded arts organization long ago supported the Sundance Film Festival and the Vietnam Veterans Memorial. In more recent years, the NEA has supported writers, arts education for kids, and everything from jazz musicians to urban design. It has also faced political controversy; most notably in the 1990s, when its funding was slashed.