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
The tax code encourages businesses to borrow, rather than sell shares, and lures households to take on debt by making their mortgage interest payments deductible