Taxes

Media 1 day ago

Illinois city hands out $25K cash payments to 44 Black residents through reparations program

Evanston's first-in-the-nation municipal reparations program is preparing $25,000 payments to 44 Black residents over past housing discrimination.

House Of Representatives February 4

House GOP moves to block DC from stopping Trump tax cuts for tipped, overtime workers

House Republicans passed a bill to stop Washington, D.C., from blocking key parts of President Trump’s tax law, including provisions eliminating taxes on tipped and overtime wages.

Media February 3

Washington Post argues there's 'little to gain by raising taxes on the rich,' rates already high enough

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.

Opinion February 3

Victorious Virginia Democrats morph from pretend moderates into liberal extremists over night

Virginia Democrats under Gov. Abigail Spanberger introduce sweeping tax hikes and anti-business policies, reversing Republican Gov. Glenn Youngkin's economic gains.

Senate January 26

Thune promises 'safe streets, more money in pockets' as GOP senators hit the road to tout tax cuts

Republican senators are promoting the Working Families Tax Cuts Act in meetings with businesses and families across America, Senate Majority Leader John Thune said.

Virginia January 21

Conservatives rip Virginia governor's ‘moderate’ label after radical laundry list of Day 1 moves

Republicans accuse Virginia Gov. Abigail Spanberger of ditching her moderate campaign pitch after she and other Democrats rush to implement a far-left agenda.

California January 20

California’s looming capital flight problem could reshape state in 3 key areas

California’s proposed billionaire tax is fueling capital flight, raising concerns over the state’s budget, tax base and political power.

Opinion January 19

California’s hatred for capitalism is killing the goose that laid its golden egg

California's proposed billionaire tax on unrealized gains drives entrepreneurs like Elon Musk to Texas, threatening Silicon Valley's innovation economy.

Opinion January 15

California billionaires flee state’s wealth tax in the most-predictable result ever

California's proposed billionaire tax would retroactively tax net worth over $1 billion starting January 2026, forcing wealthy residents to leave or pay billions of dollars.

Opinion January 5

BENNETT, MOHRMAN: 2026 will give us over 1,000 ways to boost educational freedom

New federal tax credit scholarship program allows taxpayers to donate $1,700 to education nonprofits starting 2027, creating educational choice options.