These states are thinking about removing property taxes for homeowners.
State Efforts to Repeal Property Taxes Florida Governor Ron DeSantis recently appeared on a program discussing topics including property tax repeal, state AI legislation, and the upcoming midterm elections. Taxpayers across America might soon see relief: at least five states are examining the potential for completely eliminating property taxes. This move could force state and […]
Editorial board argues that increasing taxes on the wealthy would be pointless
The Washington Post editorial board expressed skepticism on Monday about raising taxes on America’s wealthiest individuals, a solution often favored by many progressive thinkers. Their editorial, titled “Little to gain by raising taxes on the wealthy,” references a study by three economists from the Joint Committee on Taxation. This research suggests that making significant adjustments […]
It’s time to prepare for taxes. Here’s what you should understand about filing this year.
IRS Leadership Change and Tax Season Insights The IRS is stepping up to address significant challenges with new leadership under Frank Bisignano, a well-known former Wall Street executive. Bisignano took on the role of IRS chief executive in October, and Treasury Secretary Scott Bessent is set to act as the IRS administrator in 2025. This […]
Ex-Gov. Pataki warns that Gov. Hochul plans to increase New York’s taxes after the election.
New York Governor Kathy Hochul might be planning another shift, similar to her stance on congestion pricing. Former Republican Governor George Pataki indicated on Sunday that she may hold off on tax increases until after the upcoming November elections. Pataki suggested that Democratic leaders searching for a second four-year term might be hesitant to meet […]
Portland property owners who currently do not pay taxes may soon be requested to do so voluntarily.
Portland City Council to Review Tax-Exempt Payment Proposal The Portland City Council is set to examine a proposal mandating voluntary payments from tax-exempt property owners. This idea has been a topic of debate within the committee for several years now. The Tax Alternative Payment Program draws inspiration from similar initiatives in cities like Boston. The […]
Mamdani’s fake budget crisis is a disguise to increase taxes on New Yorkers for his ‘free stuff’ plan.
Mayor Mamdani Addresses Budget Concerns On Wednesday, Mayor Zoran Mamdani held a press conference at City Hall to discuss what he referred to as a shocking $12 billion budget deficit. Many have been sounding the alarm about this issue for over a year now. This deficit is the same one that former Mayor Eric Adams […]
Virginia Democrats suggest additional taxes on dog walking, gym fees, and delivery services.
Democrats in Virginia have introduced a series of tax proposals that could affect various services, such as dog walking and gym memberships, all while campaigning on a platform of affordability. Over 50 new proposals have emerged in the current legislative session, which includes suggestions for local sales taxes across each county and city in the […]
Efforts in certain states to eliminate property taxes for homeowners
Tax Repeal Movement Gains Momentum ATLANTA — There’s a growing push among anti-tax activists for a dramatic change: a complete repeal of property taxes. With property values soaring in many areas, taxes have also climbed, but the idea of eliminating these taxes entirely could result in staggering losses for state budgets—potentially costing billions. It’s uncertain […]
California pursues taxes from family that relocated to Florida
California Seeks Income Taxes from Family After Move to Florida California is trying to collect income taxes from a family that relocated to Florida, as indicated by documents the family shared online. The letter, dated January 6, 2026, requested various records—including receipts and canceled checks—to confirm their move from California about four years ago. The […]
New tax regulations could make 2025 taxes more challenging. Should you handle it yourself or get a professional?
January 24, 2026, 5:02 a.m. ET It’s that time of year again—deciding whether to tackle your taxes on your own or enlist a professional. The IRS is set to start accepting returns for the 2025 tax year on January 26, amid significant tax law changes since the Tax Cuts and Jobs Act of 2017. This […]