Income Taxes Articles

Washington Update: Wealth Tax Battles Expand Nationwide

DHS Faces Shutdown as Negotiations Continue: The Department of Homeland Security (DHS) will shut down on Feb. 14 after attempts to secure a funding agreement this week failed. Democrats maintain that DHS—particularly U.S. Immigration and Customs Enforcement and...

Wealth Tax News – 2/6/2026

Building on last week’s divide, the California debate has sharpened around the mechanics and consequences of the proposed one‑time 5% wealth tax on billionaires. Rep. Ro Khanna (D-CA) is pushing for a compromise amid backlash from industry leaders like Sergey Brin and...

Taxation & Representation: FY2026 Funding Deal Advances – But Trouble Looms Ahead

FY 2026 Appropriations Outlook: On Jan. 30, Senate lawmakers reached an agreement and passed a revised package providing full-year FY2026 appropriations for five bills—Defense, Labor-HHS-Education, Transportation-HUD, Financial Services-General Government, and...

Taxation & Representation: Shutdown Looming This Weekend?

Global Wealth Tax Gains Steam: Governments worldwide, from the United Kingdom (UK) and France to U.S. states like California and New York, are increasingly considering “tax the rich” measures to close budget gaps through higher property taxes, elevated investment...
Wealth Tax News – 2/6/2026

Wealth Tax News – 2/6/2026

Building on last week’s divide, the California debate has sharpened around the mechanics and consequences of the...