Mayor Zohran Mamdani said his proposal to raise New York City property taxes was a “last resort” to close a budget gap.

"The cost of the “no tax on tips” provision is estimated at $32 billion and it ends in four years,” Bryden said. “Whereas if you compare it to the pass-through business income deduction for qualified ...

The effect has more than outweighed the growth in inequality in much of the rich world, and almost kept pace with it even in America. Today’s taxman, it turns out, is less like the Sheriff of ...

The effect has more than outweighed the growth in inequality in much of the rich world, and almost kept pace with it even in ...

Filing taxes for the first time can feel overwhelming. Learn what forms you need, how refunds work and why credits matter ...

Los Angeles has a history of progressive housing policies that sound good in theory but prove counterproductive in practice. Measure ULA, the city’s so-called “mansion tax,” is the latest example, and ...

California Assembly members say they want to reform a system that companies have rigged to lower their tax bills.

Discover how induced taxes work as economic stabilizers, influencing spending and income to moderate economic cycles and steady macroeconomic performance.

It’s important for both residents and businesses to understand California state income tax brackets and how they impact what you owe yearly.

“The ultra wealthy and the most profitable corporations are going to fight any revenue raiser,” said Brahvan Ranga, campaign manager of Invest in Our New York, a coalition of organizations pushing for ...

CHICAGO (WGN) — It’s a topic of discussion Chicago Mayor Brandon Johnson raised Monday on WGN’s debut episode of “The Point” – a millionaire’s tax. On Tuesday, the top Chicago leader spoke more about ...