NEWYou can now listen to Fox News articles! Treasury Secretary Scott Bessent and Rep. Linda Sánchez, D-Calif., traded barbs during a Thursday congressional hearing after she pressed him over a DOJ settlement requiring the IRS to end any existing tax audits of President Donald Trump, with Sánchez ultimately accusing him of overseeing the “most corrupt … Read more
Federal agents previously investigated the Southern Poverty Law Center’s paid informant program for possible tax crimes, but the probe failed to yield any charges after Internal Revenue Service lawyers determined it was legally structured, sources familiar with the matter told CBS News. Agents from IRS Criminal Investigation in 2019 and 2020 homed in on shell … Read more
A federal registration fee is one of the worst Republican ideas to come along in a while. Source link
As film and TV production plummets elsewhere, the Garden State is rolling out the red carpet for companies like Netflix. Source link
Luxury second homes in New York City now face new levy after a push by Mayor Zohran Mamdani for wealthy to pay more. Source link
A New York lawmaker says state residents who tap the Trump administration’s controversial $1.8 billion “anti-weaponization” fund should be required to pay a 100% state income tax on that money. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Assemblyman Alex Bores, who represents part of Manhattan, said in … Read more
The Aloha State now vies with California for highest income-tax rate. Source link
NEWYou can now listen to Fox News articles! Maine Senate candidate Graham Platner blasted Jeff Bezos for opposing higher taxes on billionaires, rejecting the Amazon founder’s argument that raising taxes on the wealthy would hurt economic growth amid a broader political fight over wealth inequality and taxation ahead of the 2026 elections. During a Monday … Read more
NEWYou can now listen to Fox News articles! California city leaders are escalating opposition to the state’s high-speed rail project amid fears the Golden State could tap local taxpayer funds to prop up the troubled rail system after nearly two decades of delays. “This proposal in the 2026 Draft Business Plan is fiscally reckless, legally … Read more
I pay the highest income-tax rates in the nation. Why shouldn’t part-timers contribute something too? Source link