Taxes October 19, 2026
Washington’s biggest private employers, including Microsoft, are neutral in the “millionaires tax” debate as they concentrate on warding off other taxes.
Taxes October 16, 2026
Four academics led by Emmanuel Saez designed California’s Proposition 40 billionaire tax, sparking fierce debate over inequality, enforcement and economic impact.
Taxes October 14, 2026
California Gov. Gavin Newsom just got behind a ballot initiative that, if passed, would act as a kill switch for Proposition 40, also known as the billionaire wealth tax.
Taxes October 12, 2026
Supporters of Washington’s “millionaires tax” insist it's not a Trojan horse for a broader state income tax, but some prominent Democrats have gone off script.
Taxes October 9, 2026
St. Rose Hospital workers staged a “die-in” at the facility and urged voters to pass the billionaire tax measure, Proposition 40, on the November ballot.
Taxes October 9, 2026
Despite some heated exchanges and dire forecasts of budget holes and secret tax plans, neither side in the fight over Washington’s new "millionaires tax" landed a knockout blow Thursday night in a debate on a voter initiative to repeal the tax.
Taxes October 5, 2026
For nearly 40 years, Colorado has been one of relatively few states—only 15, as of this year—to have a flat income tax. That may soon be changing.
Taxes October 1, 2026
New York City will press ahead with its rollout of the controversial pied-à-terre surcharge as planned while appealing a judge’s decision ordering the Mamdani administration to restart the process.
Taxes September 30, 2026
An initiative seeking to repeal the new income tax on $1 million-plus earners trails badly in a new poll when voters are shown legally required ballot language summarizing its potential impacts on the state budget.
Taxes September 29, 2026
A Staten Island judge on Tuesday ruled in favor of owners of high-value second homes who sued the city and ordered it to start the process over.
Taxes September 28, 2026
Critics of a proposed wealth tax on California billionaires—many of them business executives who would be subject to the tax—have outspent Proposition 40 backers more than 5-to-1, according to campaign filings.
Taxes September 24, 2026
California billionaires saw their net worth rise roughly 25%, or $432 billion, in less than two years, according to a new analysis by progressive groups backing the Proposition 40 billionaire wealth tax.