Coverage of the report could even impact the UK’s Labour government's decision whether or not to pursue a wealth tax of 2% on assets over £10 million, despite broad popular support for such a measure.

New York Mayor Zohran Mamdani (D) asked Democratic Gov. Kathy Hochul to raise taxes on the “ultra-wealthy,” citing a ...

The mayor’s preliminary Fiscal Year 2027 budget includes the prospect of raising the property tax rate in NYC by 9.5%.

The opponents’ latest moves include online ads tied to Gov. Gavin Newsom, a crypto-related push to raise money and competing ...

Tobacco companies have already raised concerns, as well as Assemblymember Michaelle Solages, the chair of the influential Black, Puerto Rican, Hispanic, and Asian Legislators, who argued communities ...

The conservative activist class has grown disenchanted with tax cuts, putting it at odds with Republicans who are still trying to make the cuts in the One Big Beautiful Bill Act the cornerstone of ...

Matthew Crenson, professor emeritus at Johns Hopkins University, said focusing on Trump in the State of the State address ...

Tax season is officially underway, and this year, parents should be aware of an increase in the child tax credit. This year, the credit rises to $2,200 for each child, that’s $200 more than last year.

Gov. Wes Moore’s budget borrows from President Donald Trump’s economic agenda by doling out millions in tax cuts to ...

The Washington Post editorial board argued on Monday that raising taxes on top earners would be fruitless, citing research showing current federal tax rates are near optimal levels.