Taxes April 21, 2026
Here’s How Maine’s New Millionaire Tax Will Work
Starting next year, Maine will put a 2% tax on income over $1 million for single filers and $1.5 million for joint filers. It's expected to generate $74 million per year.
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
Opponents File Lawsuit to Block Washington’s New ‘Millionaires Tax’
The lawsuit was filed on behalf of several business owners and organizations represented by former Washington Attorney General Rob McKenna and former state Supreme Court Justice Phil Talmadge.
Taxes April 7, 2026
Renowned Travel Writer Rick Steves Weighs in on Washington ‘Millionaires Tax’
In a post on Facebook, Steves, who’s built a travel empire that includes a PBS series and guidebooks on European travel, said the high-earners income tax would make way for “shared prosperity.”
Taxes April 3, 2026
Maine Democrats Tack Millionaire Tax Onto Governor’s Final Spending Plan
Democrats on the Maine Legislature's budget panel moved late Tuesday to add a millionaire tax to Gov. Janet Mills' spending plan over Republican opposition.
Taxes March 31, 2026
Washington Governor Signs High-Earners Income Tax; Challenges Expected
Washington Gov. Bob Ferguson signed a high-earners income tax, dubbed the “millionaires tax” by supporters, into law Monday morning, enacting a 9.9% levy on earnings of more than $1 million.
Taxes March 31, 2026
Ex-Washington Attorney General to Spearhead Lawsuit Against ‘Millionaires Tax’
The Citizen Action Defense Fund retained Rob McKenna to lead the anticipated legal push challenging the constitutionality of the state's income tax on high earners.
Taxes March 26, 2026
Will California’s Billionaire Tax Pay Off? New Studies Sharply Disagree
Two new studies come to vastly different conclusions on the proposed 5% one-time tax on California's billionaires.
Taxes March 19, 2026
California’s Proposed Billionaire Tax Gains Majority Support in New Poll
A survey conducted by UC Berkeley and co-sponsored by the Los Angeles Times showed 52% of registered voters supported the billionaire's tax, while 33% said they opposed it. Fifteen percent were undecided.
Taxes March 13, 2026
Seattle Seahawks GM John Schneider Says ‘Millionaires Tax’ Will ‘Sting’ for Signing Players
The tax could come into play on any free agent contract the Seahawks sign since the NFL minimum salary in 2026 for any player who has played one season is set at $1.005 million.
Taxes March 13, 2026
Washington Business Groups Worry About How ‘Millionaires Tax’ Could Affect Competitiveness
"Policies that layer on additional taxes make Washington less competitive to neighboring states, at a time when employers have many choices about where to invest and create jobs," said Alisha Benson, CEO of Greater Spokane Inc.