The “emergency billionaires tax” would offset the billions of dollars being stripped from CA Medicaid recipients.

The plan now enters a 20-day period for public review, with the final vote scheduled for Christmas Eve, just one week before ...

Capital gains tax is a tax on the profit from the sale of an asset, such as a stock or real estate, while dividends tax is a tax on the income received from dividends paid by a company.

California is preparing for a 2026 ballot fight that could redefine how the state treats extreme wealth, pitting a one-time 5 ...

The Bartas’ operation, now among the largest beneficiaries of the public lands grazing system, includes permits in Nevada, ...

New York's mayor-elect, Zohran Mamdani, campaigned on a promise to raise the city's income tax on its richest residents from 3.9% to 5.9%. Combined with the state income tax, which is 10.9% for the ...

Research on millionaire migration reveals that social and professional ties matter far more than marginal tax rates.

In an exclusive interview with Meet the Press, New York City Mayor-elect Zohran Mamdani says he’s open to an “alternative” to increasing taxes on the wealthy or on businesses to fund his proposals, ...

WASHINGTON (AP) — The U.S. Treasury Department said Thursday it plans to reclassify certain refundable tax credits as “federal public benefits,” which will bar some immigrant taxpayers from receiving ...

Maryland House Majority Leader David Moon wants to close the state’s projected $1.4 billion budget deficit by making spending cuts before raising taxes or imposing other new revenue sources. Moon, a ...

Though Maryland lawmakers will have to contend with a $1.4 billion budget gap in 2026, one top Democrat said Thursday that a second consecutive year of tax hikes is not in the cards. “…[N]o, they are ...

TOLEDO, Ohio (WTVG) - Will Toledo voters see an income tax increase on the ballot in the next few years? That is one of the ideas on the table as the city tries to address a revenue problem. This ...