High-income families would be hit with a tax increase on wages and a new levy on investments under President Barack Obama's health care overhaul bill. For the first time, the Medicare payroll tax would be applied to investment income, beginning in 2013. A new ...

What should have been a legislative afterthought is threatening to become a financial purgatory for thousands of California taxpayers hit by the housing crisis. With less than a month until tax filings are due, struggling Californians who received mortgage modifications or lost their homes in short sales or ...

Lawmakers with spring vacation plans might have to rethink them if Gov. Pat Quinn gets his way. Quinn suggested Tuesday that legislators skip their upcoming spring break and stay in Springfield to vote on his income tax increase even though key lawmakers have ...

House members put off a debate Tuesday on Kansas tax policy, saying it's too early to determine how much more money is needed to fund state government next year. Democrats and moderate Republicans pushed for the delay, saying forcing votes on raising sales ...