Top ten taxes

Congress is facing a serious revnue problem. Unwilling to cut its spending, the federal government needs to raise revenue to balance the books, and that means increased taxes. But which taxes to increase? Financial blogger Bob Burnett offers a list of 10 taxes that ought to be prime candidates, including the taxation of fossil fuels to spur alternative energy, ending tax incentives for moving jobs overseas, and closing various tax loopholes. But you know what didn't make the list? Going after the taxation structure of life insurance products.