wealth tax

(Newser) - Washington state's long-running fight over taxing the rich just cleared its biggest hurdle yet. The state Senate on Wednesday signed off on a new 9.9% tax on annual income above $1 million, sending the bill to Gov. Bob Ferguson, who says he plans to sign it, reports the...

(Newser) - New York City's new mayor just put homeowners on notice, though he's made clear he hopes his warning never comes to fruition. Zohran Mamdani on Tuesday floated a nearly 10% hike in property tax rates as a "last resort" if Albany refuses his push to raise income...