Taxes May 28, 2026
Governor Promises to ‘Veto Any Attempt’ to Drop Threshold on Washington Millionaires Tax
Gov. Bob Ferguson on Wednesday vowed to never lower the $1 million threshold on Washington’s controversial new income tax on high earners.
Taxes May 27, 2026
Massachusetts Reels in $3.1 Billion From Millionaires’ Tax
Beacon Hill budget writers say revenue from the millionaires’ tax continues to surpass projections, which proponents claim is another sign wealthy households aren’t fleeing for other states to avoid the levy.
Taxes May 21, 2026
Bottom Half of Earners Should Pay Zero in Income Taxes, Bezos Says
Speaking with CNBC’s Andrew Ross Sorkin on “Squawk Box,” Jeff Bezos said the top 1% of taxpayers pay about 40% of all tax revenue while the bottom half pay 3%.
Payroll May 14, 2026
Stealth Wealth: Why Some High Earners Keep Their Money Under Wraps
Living below your means while quietly building a fortune has its benefits—and some drawbacks.
Taxes May 13, 2026
Foes of Washington ‘Millionaires Tax’ Launch Repeal Initiative
Let's Go Washington, the conservative group leading the anti-tax charge, will need to gather 308,911 signatures from voters by July 2 to qualify for the November ballot.
Taxes May 11, 2026
New York Gov. Hochul Says Deal on State Budget Includes NYC Pied-à-Terre Tax
Gov. Kathy Hochul announced a handshake deal Thursday on a $268 billion state budget that includes a controversial pied-à-terre tax on second homes in New York City aimed at bringing more money to city coffers.
Taxes May 8, 2026
Will the ‘Millionaires Tax’ Hurt Seattle Sports? It’s Complicated
A higher state income tax could add a layer of uncertainty and complexity to how Seattle sports teams handle free agency.
Taxes May 6, 2026
Ken Griffin Says He’s Doubling Down on Miami Amid Mamdani Feud Over Pied-à-Terre Tax
Ken Griffin said he plans to make Citadel’s Miami tower even bigger after New York Mayor Zohran Mamdani name-checked the billionaire in his pledge to charge more taxes on second homes.
Taxes May 6, 2026
Washington Supreme Court Shuts Down Referendum Attempt Targeting ‘Millionaires Tax’
The justices on Monday upheld language in the law shielding it from a referendum effort backed by Let’s Go Washington. The group could still pursue a repeal via initiative.
Taxes May 5, 2026
Billionaires Pour Millions Into Ballot Fight Over California Wealth Tax
Fighting against the tax proposal is a who’s-who of billionaires, including Google co-founder Sergey Brin, who has given another $9 million to the group leading the battle, pushing his total spending to $66 million.
Taxes May 4, 2026
Senate Democrat Targets Tax-Dodging Trusts Worth Over $50 Million with New Bill
New legislation from Sen. Patty Murray (D-WA) targets a legal loophole that lets the wealthiest Americans avoid paying taxes on money they pass down to their heirs.
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.