Tax

New IRS Rule Blocks Illegals From Tax Credit Refunds

The Trump administration proposed new regulations that block illegal immigrants from receiving refundable individual income tax credits.

Homeowners Score Win Against Mamdani

A New York judge issued a pause on Mayor Zohran Mamdani’s tax on luxury second homes, ordering the list exposing the names, addresses, and property values to be taken down.

Newsom Won’t Say Why He’s Hidden His Tax Returns Since 2020

Gov. Gavin Newsom grew defensive Thursday when reporters pressed him on why he has not released his tax returns since 2020, deflecting to President Trump and calling ongoing federal investigations into him and his wife a "witch hunt."

California Billionaire Tax Hits the November Ballot Over Newsom’s Objections

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.

5 Million Kids Already Signed Up for Trump Accounts on Tax Day

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.

NYC Council Blocks Socialist Tax Increase Push

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.

Mamdani Aims to Tax the Rich

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.

AZ Budget Bombshell, Hobbs Medicaid Spending

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.

Arizona Tax Plan Could Unlock Even Bigger Savings Than Promised

Arizona’s Republican‑led Legislature is moving forward with a major tax plan expected to deliver at least $1.1 billion in taxpayer savings.

Wisconsin Supreme Court Catholic Ruling Shocks Tax Critics

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.

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