The American opportunity credit can reduce your tax liability by up to $2,500 if you’re paying college tuition and fees. Continuing education, part-time classes ... limit each year – $7,000 ...

The gap between U.S. federal spending and tax ... fiscal year, was at just about the post-World War II average of 17.2%, but spending was 23.4% compared with an average of 19.8%. A chart like ...