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 […]
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 […]