The measure would impose a one-time, 5% tax on the state's roughly 200 billionaires to fund public programs.

Earlier this month, the IRS finished collecting 2025 taxes, taking in an estimated $5.2 trillion from businesses and households. That’s a lot of cash. But Congress is spending $7 trillion a year, ...

The battle over a proposal to tax billionaires to fund healthcare and other essential services is expected to intensify after supporters said they've gathered enough signatures to qualify for the ...

Natalie Campisi is a senior journalist who covers personal finance, balancing timely news with in-depth enterprise reporting. Her mission is to make complex financial issues clear and accessible for ...

Start preparing your taxes with these options Offers in this section are from affiliate partners and selected based on a ...

Founded in 2011, Optima Tax Relief is a full-service tax resolution firm for individuals and small business owners struggling with IRS or state tax burdens. The company specializes in complex cases ...

Nearly two-thirds (63%) of Americans with an overdue tax bill owe the IRS at least $10,000, according to a 2026 survey by ...

The income limits for each tax bracket are increasing slightly in 2025. Calculate your taxable income by subtracting ...

Kim Porter began her career as a writer and an editor focusing on personal finance in 2010. Since then, her work has been published everywhere from Forbes Advisor to U.S. News & World Report, Fortune, ...

Learn how contributing after-tax funds to a Roth has advantages in retirement Andrew Martins is an award-winning journalist who has performed thousands of hours of research on small business products ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Lars Peterson joined Investopedia in 2023 as a senior editor of financial product ...