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.
Taxes April 16, 2026
Mamdani Lauds New York Gov. Hochul’s Pied-à-Terre Tax, Which Would Bring in $500 Million a Year to NYC
The tax on expensive secondary residences in New York City represents a safe middle ground between Zohran Mamdani’s tax-the-rich proposals and Kathy Hochul’s more moderate standpoint on taxes.
Taxes April 13, 2026
Nonprofits Push New York State Lawmakers to ‘Stand Strong’ on Tax Hikes for Wealthy
A bevy of New York City nonprofit groups are urging state lawmakers to keep pushing Gov. Kathy Hochul to grant Mayor Zohran Mamdani's asks for tax hikes on the city's wealthiest residents and most profitable corporations.
Taxes April 9, 2026
Billions in Unpaid Taxes Could Help States Fill Budget Holes, Report Says
Though states are missing out on billions in unpaid tax dollars, few have any mechanism to measure how much is being lost, according to a new Pew report.
Taxes March 26, 2026
Report: NYC Mayor Signals Property Tax Hike is ‘Highly Unlikely’
Mayor Zohran Mamdani's proposal, intended as leverage to pressure Gov. Kathy Hochul into raising income taxes on the wealthy, instead sparked immediate resistance from both left-leaning allies and centrist Democrats.
Taxes February 10, 2026
Oregon Democrats’ Bill to Add $300M to State’s Budget by Ending 3 Trump Tax Breaks Advances
Oregon Democrats advanced their plan to generate more than $300 million for the current state budget by ending several state tax breaks copied from President Donald Trump’s big 2025 tax- and budget-cutting bill.
Taxes February 3, 2026
Oregon Democrats Unveil Plan to Close Trump Tax ‘Loopholes’ and Reduce Budget Deficit
Two key Oregon Democrats on Monday unveiled a plan to increase state revenue by dropping several state tax breaks copied from President Donald Trump’s sprawling tax-and-spending law passed last year.
Taxes January 28, 2026
Mamdani Launches Push to Tax the Wealthy as He Blames NYC $12 Billion Budget Gap on Adams
New York City Mayor Zohran Mamdani lambasted former Mayor Eric Adams for a “fiscal crisis” on Wednesday, laying the blame on Adams for a budget gap that could exceed $12 billion.
Taxes January 22, 2026
Yale Will Cut Graduate Student Enrollment Due to Federal Endowment Tax Hike, Dean Says
Yale University will be admitting fewer graduate students in response to the looming federal endowment tax hike that university officials warn is creating a major budget shortfall.
Taxes January 21, 2026
Mamdani Signals He’s Ready to Push Gov. Hochul on Tax Hikes as NYC Budget Shortfall Looms
Facing a potential $12 billion budget gap, New York City Mayor Zohran Mamdani indicated Jan. 21 he may push Gov. Kathy Hochul in budget negotiations to include tax hikes on millionaires and corporations.
Taxes July 29, 2025
Corporate Head Tax on Table to Fix Chicago Budget, Mayor Says
Mayor Brandon Johnson on Tuesday pointed to a handful of tax-the-rich options he might consider to balance Chicago’s next budget, among them a corporate head tax.
AICPA July 1, 2025
AICPA Applauds Senate Passage of Reconciliation Bill, Encourages House Support
The U.S. Senate passed its reconciliation bill earlier today, which removes the limit on pass-through businesses’ state and local tax (SALT) deductions entirely, generating optimism for those affected businesses.