Taxes January 28, 2026
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 21, 2026
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.
Technology January 14, 2026
Armanino said Wednesday it has launched TaxAdvantage, which the top 20 accounting firm said is a one-stop technology platform designed to solve the pain points of corporate tax management.
Taxes December 17, 2025
The Chicago City Council opposes the so-called head tax, which the city's former mayor, Rahm Emanuel, once called a “job killer.”
Taxes December 9, 2025
Mayor Brandon Johnson proposed a new version of his head tax Tuesday, now pushing a $33-per-employee monthly tax on companies with over 500 Chicago employees.
Taxes December 4, 2025
Sen. Elizabeth Warren and Rep. Donald S. Beyer Jr. are leading opposition to a potential regulatory carve-out from a new minimum tax on corporate profits that critics say could generate an unjustified windfall for big companies.
Payroll Taxes December 3, 2025
Progressive lawmakers in Olympia rolled out a new revenue proposal Tuesday that targets Washington's largest employers with a 5% payroll excise tax on wages above $125,000.
Taxes December 2, 2025
Mayor Brandon Johnson on Tuesday signaled that he will continue digging his heels in on his controversial head tax proposal rather than seek to reconcile with a rebellious City Council.
Taxes November 18, 2025
Chicago aldermen voted down Mayor Brandon Johnson’s 2026 budget in a Monday committee vote, a historic display of rebellion against the freshman mayor who has been struggling to shore up support for his controversial head tax.
Taxes November 12, 2025
Mayor Brandon Johnson’s team has been floating a change to his corporate head tax proposal that would increase the minimum size of companies affected from 100 to 200 employees.
Taxes November 11, 2025
Southwest Side Alderman Byron Sigcho-Lopez stopped Pritzker after a Veterans Day ceremony on Tuesday, demanding the Illinois governor explain how he would “tax the rich.”
Taxes November 10, 2025
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.