California drivers may soon find relief at the gas station as a new bill seeks to impose penalties on high gas taxes.
Drivers in California might soon see some relief as Republican Rep. Kevin Kiley plans to introduce legislation aimed at reducing the state’s high gas tax by threatening to cut federal funds. The current combined state and federal gas tax sits around 71 cents per gallon. The state tax specifically is about 61.2 cents, which is […]
Don’t focus on this year. Here are four methods to reduce your taxes next year.
Updated February 9, 2026, 12:09 PM ET Alexander Smith emphasizes viewing tax returns as a potential opportunity rather than just a responsibility. By understanding your financial situation and tracking your income, it becomes possible to anticipate the taxes owed and potentially adjust spending habits to lower tax liabilities in the future. Smith, a behavioral economist […]
Sam Darnold’s California taxes are higher than his Super Bowl earnings.
Sam Darnold’s Super Bowl Win Comes with a Tax Price Tag Sam Darnold’s recent Super Bowl victory on Sunday has an unexpected downside: it will cost him money. Thanks to California’s tax regulations, the quarterback will have to pay more than the $178,000 he earned after helping the Seahawks secure a 29-13 win over the […]
Baltimore to implement changes to property taxes that may reduce costs for homeowners
Baltimore Mayor’s Upcoming Tax Plan Announcement Baltimore’s Mayor, Brandon Scott, is set to present a plan on Monday aimed at lowering property taxes for certain city residents. This will involve modifications to existing tax credit programs. Scott will detail this strategy during a morning press conference, which includes several key components designed to alleviate the […]
Park Slope’s de Blasio has lower property taxes than a homeowner in Queens
“Comrade, pay your dues!” Residents in Rockaway are frustrated after realizing they pay more in property taxes than former Mayor Bill de Blasio, who owns two valuable properties in Park Slope, where market values soar into the millions. Robert Rose, a homeowner in the Rockaway Peninsula, felt especially burdened financially. He sought out examples to […]
One-third of Arizona taxpayers may need to resubmit state taxes if lawmakers do not implement a solution.
Tax Season Challenges in Arizona PHOENIX — As individuals gear up for tax season, an unexpected issue has emerged. Arizona’s tax forms contain provisions that aren’t actually reflected in state law. The forms feature tax cuts stemming from President Donald Trump’s One Big Beautiful Bill Act, along with other provisions directed by Governor Katie Hobbs […]
Changes to Social Security Taxes Proposed in New Bill
Changes to Social Security taxes could be on the horizon due to a new proposal that would remove tax obligations for certain public sector retirees upon retirement. The Recovery Benefits Tax Exemption Act, which has garnered bipartisan backing, aims to exempt retroactive Social Security benefits from gross income tax for those in pension plans. Why […]
Newsom likened to Jets in Times Square billboard about taxes and homelessness
Billboard in Times Square Compares Gavin Newsom to New York Jets As questions circulate about California Governor Gavin Newsom’s potential presidential bid in 2028, a group has unveiled a billboard in Times Square that draws a comparison between him and the New York Jets, a team often seen as one of the NFL’s most disappointing […]
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 […]