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 Dreams5d agoWhole story →HealthEconomy
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 News5d 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 Blaze5d 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 Post5d 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.NPR5d agoWhole story →EducationEconomy
Social Security Agency Accused—Once Again—of Illegally Using Federal Resources to Praise TrumpThe US Social Security Administration on Friday was accused yet again of unlawfully using federal resources for the overtly political purpose of celebrating President Donald Trump—this time less than two weeks out from the midterm elections. On Thursday, SSA—headed by Trump nominee Frank Bisignano—sent out an email praising the "historic tax cut" that…Common Dreams1d agoWhole story →HealthEconomy
Jared Polis won't specify personal stakes as he opposes Amendment 87Colorado Gov. Jared Polis could stand to personally avoid hundreds of thousands of dollars in higher taxes if Amendment 87 fails this November. He's been one of the measure's most prominent opponents.Boulder Daily Camera1d agoWhole story →EconomyJared Polis
Why gas tax, concert ticket caps didn't make House's final MA budgetGov. Maura Healey’s proposals to suspend the gas tax and cap ticket prices didn’t make it into the House’s version of the final supplemental budget.Worcester Telegram & Gazette1d agoWhole story →EconomyMaura Healey
IRS defines terms for the Federal Scholarship Tax Credit with implications for participationOn Oct. 2, 2026, the Internal Revenue Service (IRS) issued temporary regulations and proposed final regulations to implement the Federal Scholarship Tax Credit (FSTC). The program — also known as the Education Freedom Tax Credit — will take effect on Jan. 1, 2027. Both the temporary and proposed regulations will be effective in 2027, until […]Ballotpedia News1d agoWhole story →Economy
Sen. Ron Wyden pushes bills to tax data centers, aid displaced workersWASHINGTON — Senate Finance ranking Democrat Ron Wyden of Oregon released the text of a pair of bills Friday aimed at blunting the impact of artificial intelligence on the American workforce — an early signal of potential Democratic priorities if the party regains control of the Senate. One bill, dubbed the Stability and Opportunity for Workers Act,…Spokane Spokesman-Review1d agoWhole story →TechnologyEconomyRon Wyden
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.NPR5d agoWhole story →EducationEconomy
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 News15d 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 News18d 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 News23d 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
