tax hikes

Massachusetts

‘Millionaire tax’ vote put off to at least May

BOSTON — A vote on a surtax aimed at people who earn $1 million or more won't occur until May 18 at the earliest, after Beacon Hill lawmakers recessed a Constitutional Convention without taking up the measure Wednesday. The tax increase, in the form of a ballot proposal to

Barack Obama

Obama proposes record $4.1 trillion election-year budget

WASHINGTON (AP) — President Barack Obama on Tuesday unveiled a record $4.1 trillion, election-year budget that finances Democratic priorities like education, health care and climate change with new taxes on crude oil, the wealthy and big banks. The progressive wish list, which comes as the nation's long-term fiscal