A new bill introduced by Assemblymember Matt Haney looks to discourage corporate homebuying by banning a tax strategy that helps investors avoid taxes on home sales in California.
The loan will prevent service cuts in the near term, but a long-term solution depends on a November 2026 regional ballot ...
Federal lawmakers are getting involved in the fight over a proposed billionaire tax in California. Progressive Democratic Vermont Sen. Bernie Sanders rallied in Los Angeles and the Bay Area this week ...
House Republicans are moving to block California’s proposed billionaire wealth tax, stepping into a state-level fight that has rapidly escalated into a national debate over capital flight, tax policy ...
Higher taxes, Californians are told, will improve education, reduce traffic, and even fight climate change. But they never do. Instead, we face more and more taxes, like an insanely tall layer cake on ...
The state where Jeff Bezos and Bill Gates made fortunes might have progressive social policies, but its resistance to an income tax is similar to conservative states. That might change.
Ten Democratic-leaning states are using their own money to help people buy Obamacare health plans, at least partially replacing the federal tax credits that expired at the end of last ...
In a speech that was as short in length as it was on details, Gov. J.B. Pritzker last week outlined a tight budget for the 2026-27 fiscal year that begins July 1.
By The Associated Press President Donald Trump gave his State of the Union address Tuesday. He was slated to champion his immigration crackdowns, his slashing of the federal government, his push ...
President Donald Trump is doubling down on his trade war, plunging US companies, consumers and trade partners into fresh uncertainty. Follow for live updates.
The angst over billionaires - including whether and how to tax them to address some of the state's most dire needs - was a recurring theme throughout the state party convention.
Democratic U.S. Sen. Ron Wyden said his aides identified 4,725 transactions to and from one of Epstein's bank accounts. He did not mention Trump.