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Millionaire Taxes Gain Steam as States Face Budget Crunches

Taxes May 1, 2026 

Millionaire Taxes Gain Steam as States Face Budget Crunches

Lawmakers in at least a dozen states have proposed hiking taxes on the wealthy.

Featured Articles

May 1, 2026  

U.S. Jobless Claims Sink to 189,000, Lowest Since 1969

April 30, 2026  

Customers Are Taking Ikea to Federal Court to Demand Refunds for Tariff Price Hikes

April 30, 2026  

NYC Comptroller: Pied-à-Terre Tax Could Fall Far Short of $500 Million Goal

April 30, 2026  

New Social Security Proposal in Congress Would Do Away with Major Benefits Cut

April 30, 2026  

Illinois Tax Preparer Pleads Guilty to Wire Fraud, Filing False Returns
High Stakes for Chicago Mayor Brandon Johnson’s Progressive Agenda in Head Tax Push

Taxes November 10, 2025 

High Stakes for Chicago Mayor Brandon Johnson’s Progressive Agenda in Head Tax Push

Having already failed to deliver other key tenets of his ambitious tax-the-rich wish list, the head tax is a watershed moment for Johnson and his allies.

Trump Pardons Baseball Legend Darryl Strawberry on Tax Evasion Charge

Income Tax November 10, 2025 

Trump Pardons Baseball Legend Darryl Strawberry on Tax Evasion Charge

President Donald Trump is granting a pardon to former baseball star Darryl Strawberry, who pleaded guilty three decades ago to tax evasion, according to a White House official.

Democrats Concede Shutdown Fight Without Health Care Win in Hand

Taxes November 10, 2025 

Democrats Concede Shutdown Fight Without Health Care Win in Hand

They did get a pledge for a separate vote on the health-care tax credits in the coming weeks, but the prospects of Democrats landing a win from that endeavor are far from certain.

Treasury Secretary Says Trump’s Proposed $2,000 ‘Dividend’ May Come Via Tax Cuts

Taxes November 10, 2025 

Treasury Secretary Says Trump’s Proposed $2,000 ‘Dividend’ May Come Via Tax Cuts

Scott Bessent said President Donald Trump’s suggestion that Americans may receive a tariff “dividend” of at least $2,000 could come via the tax cuts passed in his signature economic policy bill earlier this year.

If Georgia Drops Income Tax, Will Sales Taxes Rise?

Income Tax November 10, 2025 

If Georgia Drops Income Tax, Will Sales Taxes Rise?

Other states rely heavily on sales taxes, but a key lawmaker, Georgia state Sen. Blake Tillery (R-Vidalia), wants to target "corporate welfare" instead.

government-shutdown1

General News November 9, 2025 

Senate Plans for Sunday Night Test Vote on Ending Shutdown

A group of Senate Democrats is leaning toward voting to advance the package provided final details can be worked out, including provisions protecting government workers from layoffs, a person familiar with the bipartisan talks said.

Schumer Proposes 1-Year ACA Tax Credit Extension to End Shutdown

Taxes November 7, 2025 

Schumer Proposes 1-Year ACA Tax Credit Extension to End Shutdown

The Senate minority leader proposed simultaneous votes to fund the government and to extend the subsidies to the Affordable Care Act, which would largely prevent skyrocketing premiums for over 20 million Americans.

U.S. Consumer Sentiment Declines to Near Lowest on Record

Economy November 7, 2025 

U.S. Consumer Sentiment Declines to Near Lowest on Record

The preliminary November sentiment index dropped 3.3 points to 50.3, just above a June 2022 reading of 50 that was the weakest in University of Michigan data back to 1978.

Supreme Court Sounds Skeptical of Broad Trump Tariff Powers

Taxes November 5, 2025 

Supreme Court Sounds Skeptical of Broad Trump Tariff Powers

During oral arguments on Nov. 5, justices weighed whether Congress abdicated taxing power—and whether it could ever get it back.

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Artificial Intelligence November 5, 2025 

Fears of a Trillion-Dollar AI Bubble are Growing

Even some of AI’s biggest cheerleaders acknowledge the market is frothy, while still professing their belief in the technology’s long-term potential.

Fed Governor Miran Says ADP Jobs Data Slightly Better Than Expected

Payroll November 5, 2025 

Fed Governor Miran Says ADP Jobs Data Slightly Better Than Expected

Stephen Miran on Wednesday described data that showed employment at U.S. firms increased in October as “a welcome surprise,” though he reiterated interest rates need to be lower.

Column: The Sudden Financial Collapse of This Big Auto Parts Firm Points to the Next Market Meltdown

Accounting November 5, 2025 

Column: The Sudden Financial Collapse of This Big Auto Parts Firm Points to the Next Market Meltdown

First Brands accumulated billions of dollars in debt, without the lenders knowing much about it. Does it signal that a stock market implosion is coming?

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