As Iran war drives up fuel prices, states are hesitant to suspend gas taxes. Here’s why.

Washington — As fallout from the war with Iran keeps fuel prices high, few states are making moves to suspend their gas and diesel taxes.  Tax policy experts say suspending the state and federal motor fuel taxes wouldn’t be as effective in lowering prices at the pump as one might think, and could come at … Read more

Most Americans say they pay too much in taxes. Here’s what the data shows.

As the April 15 tax filing deadline nears, most Americans say they believe they are paying more than their fair share — a sentiment that is strongest among the nation’s top earners, according to recent polling from the Pew Research Center. That belief has become more widespread in recent years, despite new tax cuts for everyone … Read more

NYC mayor cites $180K racial wealth gap to justify taxes, police cuts

NEWYou can now listen to Fox News articles! New York City Mayor Zohran Mamdani is pointing to stark racial wealth disparities — including a gap of more than $180,000 between White and Black households — to justify expanding diversity initiatives, raising taxes and cutting police positions. Mamdani last week released a 375-page “Preliminary Racial Equity … Read more

When to ask for an extension on your taxes

While tax filing extensions are often positioned as a simple fallback, they’re not always the right move. Muhammad Aqib/Getty Images The tax filing season is reaching its peak, and for many taxpayers, the pressure to meet this year’s April deadline is colliding with incomplete paperwork, shifting income totals and lingering questions about what’s actually owed … Read more

Property taxes are rising faster than inflation. See what homeowners pay across the U.S.

Property taxes across the U.S. are rising faster than inflation, with the average homeowner last year paying $4,427, up 3.7% from 2024, according to a new analysis from real estate data firm ATTOM.  By comparison, the Consumer Price Index — a basket of commonly purchased goods and services — rose 2.7% last year. Homeowners in some states have … Read more

Fox News Poll: Record number say taxes are too high; government spending seen as wasteful

NEWYou can now listen to Fox News articles! With the deadline to file taxes a week away, a record number of voters say their taxes are too high, according to the latest Fox News Poll. They are also bothered by the rich not paying their fair share and how the government uses their money. In … Read more

Last-minute tips if you haven’t filed your taxes yet

Last-minute tips if you haven’t filed your taxes yet – CBS News Watch CBS News CBS News business analyst Jill Schlesinger gives last-minute tax tips for anyone who hasn’t filed yet. Most Americans have until April 15 to file their tax return, request an extension to file and pay any taxes owed. (Sponsored by Edward … Read more

Democrats face an identity crisis over taxes: From the Politics Desk

Welcome to From the Politics Desk, a daily newsletter that brings you the NBC News Politics team’s latest reporting and analysis from the White House, Capitol Hill and the campaign trail. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. In today’s edition, Sahil Kapur digs into an emerging … Read more

Camels used to smuggle hundreds of bottles of alcohol into Indian capital to avoid taxes, police say

Indian police have arrested a man for smuggling alcohol into the capital Delhi using camels, seizing two animals and a large consignment of liquor. The camels were used to carry the alcohol through “forest routes” from the neighboring city of Faridabad in Haryana state across state lines into the sprawling megacity of Delhi — where … Read more