Income tax

A former British finance minister once threatened to “squeeze the rich until the pips squeak," but that won’t like be the message of today.

Today is Earned Income Tax Credit Day, which highlights the benefit for low- and moderate-wage earners.

The Republican candidate paid 13.9 percent of his income in federal taxes in 2010, a lower percentage than many people with less income pay. But higher tax rates on Mitt Romney's investment income would raise taxes for others, too.

Should the rich be taxed more? And how much more? Americans offered their latest opinions to Gallup.

The U.S. tax code can be a cumbersome beast. How did Mitt Romney manage to pay roughly 15 percent in taxes last year?

The holiday madness is upon us. But, between shopping and holiday party planning, taxpayers can still take steps to save on their 2011 taxes. There are a few last-minutes opportunities to consider by December 31.

In delaying a budget cut solution, the super committee has put off decisions on Social Security payroll tax cuts, unemployment benefits for Americans, and other tools that could affect your family.

No, April 18th isn't a typo. That's the date income tax returns are due this year....

Illinois state legislators raised the state income tax from 3 percent to 5 percent, a 66 percent hike. In plain terms, if you owed the Illinois...