South Carolina's Lancaster County is solid Republican country — it went for John McCain over President Obama in 2008. It also has a 12.3 percent unemployment rate, which will likely affect how people in Lancaster County vote in Saturday's GOP primary.
Millions of homeowners are finding out that their property taxes are either holding steady or rising. Their houses, however, may be worth much less, and there may not be much they can do about it. The economic downturn, state laws and property appraisals have created some surprises.
Robert Siegel speaks with Ken Bensinger, business reporter for the Los Angeles Times, for an update about a growing type of lucrative used-car dealerships known as "buy here, pay here" businesses. He explains how these lots now have gone into the leasing business in a big way.
GOP candidate Mitt Romney says his effective tax rate is 15 percent. Why so low? The answer lies in a theory that if you tax investment too high, economic growth and job creation are discouraged. But it's somewhat controversial, not least because most of the people who get to pay that lower rate are well-off.
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