Five million Californians just voted to increase their taxes to prevent deep cuts to education. This may be a lesson for the U.S. Congress as it faces the fiscal cliff
A proposition backed by Governor Jerry Brown to raise sales and income taxes to help close the state's budget shortfall seemed set to pass until the Berkshire Hathaway heirs came out swinging
The Obama administration plans to let its payroll tax cut expire. The Romney campaign appears likely to do the same. That means millions will see an increase