California's Billionaire Tax Act has officially qualified for the November 2026 general election ballot after state officials confirmed the initiative gathered more than enough signatures, setting up a costly political battle that has fractured the state's own Democratic leadership.
More than 5 million children have been enrolled in Trump Accounts as of Tax Day, Treasury Secretary Scott Bessent announced Wednesday, with the primary enrollment method being the newly introduced IRS Form 4547 filed alongside a standard tax return.
New York City's socialist mayor just watched his own City Council undercut his push for higher taxes, releasing a rival budget plan that closes a $5 billion gap without raising a single rate.
New York City Mayor Zohran Mamdani announced plans to tax the city's wealthiest residents in an effort to fill the budget deficit of more than $12 billion.
Gov. Katie Hobbs’ new $17.7 billion budget proposal for Arizona is drawing heat for continuing what critics call an unsustainable trend of runaway general fund spending.
Catholic Charities in Wisconsin will not be required to pay unemployment taxes after a ruling Monday by the Wisconsin Supreme Court, which found that the religious nonprofit is eligible for a statutory religious exemption.
Illinois tipped workers hoping for relief under the new federal “no tax on tips” rule are in for a rude awakening—Illinois won’t be adopting the exemption.
Pima County, Arizona, is preparing a major public vote in March 2026 on whether to extend a half‑cent sales tax for another 20 years to fund more than $2.67 billion in construction and infrastructure projects.
