How Trump’s tax law boosts the wealthy and leaves behind some workers he promised to help

“It’s a little relief, but it’s not enough relief, not at all,” she added. Trump has repeatedly touted “no tax on tips, no tax on overtime, no tax on Social Security” as a key success of his second term since his “big, beautiful bill” passed last year. Many Americans are benefiting from the tax changes … Read more

Judge denies bond for wealthy Atlanta man who fatally shot wife inside SUV

Case update: Tex McIver won his appeal for a new trial in 2022, the Georgia Supreme Court ruling that jurors should have been able to consider the lesser charge of misdemeanor involuntary manslaughter. On Jan. 26, 2024, he pleaded guilty to involuntary manslaughter in exchange for a prison sentence of eight years. With credit for time served, McIver … Read more

From ‘jump on a bus’ to tax crackdowns: Blue states chase wealthy residents fleeing to red havens

NEWYou can now listen to Fox News articles! New York Gov. Kathy Hochul became the latest blue-state leader to lament the flight of wealthy tax-paying residents to Republican-led tax havens like Florida, Alaska, Wyoming and Tennessee, calling millionaires who stayed in the Empire State to fund its massive social services net “patriotic.” With Florida Gov. … Read more

Hochul pleads for wealthy New Yorkers to return from red states like Florida, Texas as tax base ‘eroded’

NEWYou can now listen to Fox News articles! New York Gov. Kathy Hochul indicated that the Empire State needs wealthy individuals paying taxes in the state to help fund social programs, but noted that the state’s tax base has “eroded.” During remarks at Politico’s “New York Agenda: Albany Summit” event last week, the Democratic governor … Read more

How two teens from wealthy Pennsylvania suburbs became suspects in an attempted ‘ISIS-inspired’ attack in New York City

BUCKS COUNTY, Pa. — Emir Balat and Ibrahim Kayumi have a lot in common: They’re both teenagers. They’re both first-generation Americans. Both live on tree-lined streets in the affluent suburbs north of Philadelphia. “Nothing crazy happens around this area,” said Logan Lombardi, who went to high school with Kayumi. For all their similarities, however, authorities … Read more

Wealthy elites bankroll Dem Senate candidate who has repeatedly touted ‘grassroots’ campaign

NEWYou can now listen to Fox News articles! Illinois Lt. Gov. Juliana Stratton, the Democratic Senate candidate who went viral last month for releasing an ad that said “f— Trump,” has received millions in campaign donations from figures with corporate or political backgrounds despite pledging to run a primarily grassroots-funded race. On a debate stage … Read more

Wealthy universities, facing steep endowment tax hikes, cut PhDs and libraries

Princeton University President Christopher Eisgruber lobbied members of Congress repeatedly to deter an increase in the endowment tax on colleges and universities. Instead, when the One Big Beautiful Bill Act passed last summer, Princeton became one of a handful of schools whose endowment tax ballooned. Now, President Eisgruber is preparing his institution for change as … Read more