COLUMBIA — The income tax plan moving through the Statehouse aimed toward one day eliminating the burden entirely would cost nearly 27 percent of state taxpayers more so that others could pay less.

This is read by an automated voice. Please report any issues or inconsistencies here. California’s proposed billionaire tax would impose a one-time 5% levy on residents worth $1 billion. Critics cite ...

Journal Editorial Report: Billionaires flee as Newson vows to fight the proposed ballot measure. Photo: Godofredo A. Vásquez/Associated Press California is flirting with a new and destructive tax. A ...

In the roiling debate over California's proposed billionaire tax, supporters and critics agree that such policies haven't always worked in the past. But the lessons they've drawn from that history are ...

Johan Fourie receives funding from Riksbankens Jubileumsfond. In 1825, a tax collector compiling a census in South Africa’s Cape Colony paused to write a poem in the margin of his work. In it, he ...

President Donald Trump's "big beautiful" tax law provides a new senior "bonus" or deduction of up to $6,000 per individual or $12,000 for married couples. The temporary deduction applies to taxpayers ...

A new $6,000 tax deduction for Americans 65 and older could boost refunds for millions of older taxpayers, putting an average of about $670 more in their pockets this year, according to advocacy group ...

A new, temporary 'senior bonus' will enable many taxpayers age 65 and older to deduct up to $6,000 in income from their federal returns. You must file a new Schedule 1-A. The new enhanced deduction ...

Treasury Secretary Scott Bessent canceled department contracts with the consulting firm Booz Allen Hamilton, whose employee leaked President Donald Trump's tax records to The New York Times. The ...

Rebecca Rosenberg has 10+ years of experience as a writer and content strategist. She has written dozens of articles on retirement, financial planning, business, tech, and more. Rebecca has a master’s ...