40+ California Multimillionaires Sign Open Letter Backing Billionaire Wealth TaxDozens of multimillionaire Californians have signed an open letter supporting a one-time wealth tax on the state's billionaire residents, calling the proposal a "very sensible solution" to a looming healthcare disaster and runaway inequality. "People like us can afford to live wherever we want. We choose to live in California because we love our state,"…Common Dreams4d agoWhole story →SecurityHealth
House Democrat Pitches New Wealth Tax as Midterms Draw NearA House Democrat is proposing that Congress tax large lines of credit that help the nation’s highest earners convert appreciated assets into cash, a tax-the-wealthy policy those on the left have wanted for years.Bloomberg Tax News4d agoWhole story →Economy
Boomers want higher taxes to save Social Security — but is there a better way?Social Security’s funding shortfall has started a serious debate among young workers and their elders, with younger workers frustrated that older Americans are asking them to pay higher taxes to protect the benefits they’ve been counting on. A new poll highlights the divide — 89% of Americans over 65 support preserving current retirees’ benefits, even if…The Blaze4d agoWhole story →Economy
Wall Street con man Daniel Gordon dodges $59M NY tax bill, lives it up in Calif.Convicted Wall Street swindler Daniel Gordon owes New York $59.1 million in taxes while living in a $4.9M California mansion and peddling erectile dysfunction pills while earning praise from Gov. Gavin Newsom.New York Post4d agoWhole story →Economy
A new federal voucher could help public schoolsThe new scholarship tax credit program could help public school families pay for some educational services, but advocates worry it could do more harm than good.NPR4d agoWhole story →EconomyEducation
Trump DOJ arrests red state Dem in swing county days before midtermsHOUSTON — Federal prosecutors Thursday announced indictments accusing Fort Bend County Tax Assessor-Collector Carmen Turner of theft of government funds and wire fraud. U.S. Attorney Aaron Reitz, joined at a Houston news conference by agents from the regional office of the Federal Bureau of Investigation and representatives for the Texas Department of…Raw Story13h agoWhole story →JusticeEconomy
Backers of billionaire tax plan to attack Newsom in early presidential primary statesThe ad, funded by backers of the wealth tax, castigates Newsom for opposing Proposition 40, the ballot measure that would impose a 5% tax on California billionaires' assets.Los Angeles Times11h agoSources (2)Whole story →EconomyGovernment
As midterms loom, Trump and his allies try to change the subjectDespite distraction and distortion, voters know what issues will be informing their votes in this election This was originally published in The Stakes 2026, a newsletter about the midterm elections. Sign up to get it in your inbox Elections too often get pigeonholed. The hot take, or simplistic analysis, would have it that just one issue – often the…The Guardian11h agoWhole story →SecurityHealth
Hollywood's Collapse Continues: Location Filming in L.A. Drops Again in Third QuarterOn-location shooting of film and TV projects has fallen yet again in the Los Angeles area with a drop of another 4.8 percent in the third quarter despite the California legislature's desperate attempts to stop the bleeding with tax incentives. The post Hollywood’s Collapse Continues: Location Filming in L.A. Drops Again in Third Quarter appeared first on…Breitbart News Network11h agoWhole story →EconomyJustice
Khanna Says Zuckerberg Deal Shows Ultra-Rich Will Pay Wealth TaxProgressive Democrat Ro Khanna lashed out at opponents of California’s proposed wealth tax after Meta Platforms Inc. revealed stunning details of how Chief Executive Officer Mark Zuckerberg negotiated a deal to fund his potential payment of the levy and stay in the state if the measure passes.Bloomberg10h agoWhole story →Economy
Virginia’s status in school choice tax credit ‘in question’Virginia was the first state in the nation to opt into the Federal Scholarship Tax Credit, the first national school choice scholarship program, but there’s a chance Virginia will rescindRichmond Times-Dispatch15d agoWhole story →EducationEconomyschool choice tax credit debate
Rules released for federal scholarship tax credit programAs 30 states plan to opt into the federal scholarship tax credit program starting Jan. 1, it's not yet clear if all Nebraska students will qualify for a scholarship.Lincoln Journal Star18d agoWhole story →EducationEconomyfederal scholarship tax credit program rollout
A new federal voucher could help public schoolsThe new scholarship tax credit program could help public school families pay for some educational services, but advocates worry it could do more harm than good.NPR4d agoWhole story →EconomyEducation
Democratic governors face pressure to join federal tax credit scholarshipDemocratic governors face mounting pressure to join Trump's federal scholarship tax credit program as more than half of U.S. states opt in to the school choice initiative.Fox News14d agoWhole story →EducationEconomyDonald TrumpKathy Hochulfederal scholarship tax credit rollout
Americans support the federal school choice scholarship, but will they use it?Low awareness of the new $1,700 federal K-12 scholarship tax credit threatens its success despite strong public and parental support.Washington Examiner1mo agoWhole story →EducationEconomyfederal school choice scholarship
Federal education tax credit raises questions for Texas schoolsA new federal education tax credit could cost the U.S. $26 billion by 2030, according to the U.S. Treasury Department.The Dallas Morning News17d agoWhole story →EducationEconomyfederal scholarship tax credit launch
Federal scholarship for private school, homeschooling opening in 30 statesThe Trump administration has proposed rules for a new federal scholarship program that launches at the start of next year.The Mercury News22d agoWhole story →EducationEconomyfederal scholarship tax credit launch
Steven F. Cheeseman: Federal scholarship program can help all Pa. familiesWhen people hear about the new Federal Scholarship Tax Credit, many assume the program is primarily about helping families afford private schools. Certainly, some Pennsylvania families will use scholarships that way, and for parents who believe a Catholic, Jewish or another nonpublic school is the right place for their child,Pittsburgh Tribune-Review13d agoWhole story →EducationEconomyfederal scholarship tax credit
