Huge tax increase looms at year-end 'fiscal cliff'

WASHINGTON (AP) – A new study is detailing how taxpayers across the income spectrum would face whopping tax hikes next year if Washington fails to renew a lengthy roster of tax cuts set to expire […]


Middle class share of America's income shrinking

WASHINGTON (AP) – The share of the nation’s income earned by the middle class has fallen to its lowest level in recent decades. It’s been surpassed by affluent earners as median wages stagnate and wealth […]