A corporate tax policy that costs California billions in lost revenue each year could be eliminated as the state struggles to resolve a budget deficit.

California’s proposed “billionaire tax”  will collect less than half of what is promised — with a net fiscal effect that will ...

Gavin Newsom was roasted for making an extraordinary claim that Florida and Texas, not California, are “the real high-tax states” — drawing a sharp rebuke from Florida ...

California voters could see a new billionaire wealth tax initiative on the November 2026 ballot. If enacted, the statewide ...

You might be surprised which states have the highest and lowest "effective" tax rates, a metric that measures how much of ...

One of the most consequential trends in American politics is that Democrats are increasingly discovering what Republicans ...

Seahawks general manager John Schneider pointed to Washington’s new income tax rate on millionaires, warning it could hinder the franchise’s ability to sign top NFL free agents.

The annual Forbes billionaire list lands as California debates a proposed billionaire tax, highlighting the state’s ...

Florida, with its high concentration of wealth, no state income tax, pro-business policies and balmy weather, has drawn an ...

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