X-tax, there was no taxation of financial income (dividends, capital gains and interest income) at the individual level, and hence no double taxation of saving.

ECONOMIST: Tax reform

This month, mortgage rates for borrowers with good credit have spiked, and credit-card giant Capital One Financial jacked up interest rates, citing ...

NEWSWEEK: Business

What the American people deserve is a complete and honest presentation by Romney of how his wealth was accumulated, where it is now invested, what purpose is served by all the various offshore vehicles in which he has an interest and what his financial relationship with Bain Capital has been since his retirement from the company.

CNN: Why won't Romney release more tax returns?

Key reforms that would open up the country's financial sector such as the liberalization of interest rates and the opening of the capital account have been put on the back burner, and the timeline for their realization is uncertain.

WSJ: Geithner: China's System 'Damaging' to Trade Partners