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income tax

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Topic
  • News
  • April 5, 2024

Shocker: Wealthy Americans tend to flee high-income tax states

Study spanning 110 years confirms high earners, faced with too-high tax hikes, migrate to more tax-friendly jurisdictions.

Topic
  • News
  • March 11, 2024

Biden’s budget proposal would hike taxes on investors, businesses

The president wants to raise the capital gains tax rate to a base of 39.6 percent, up from 20 percent, and establish a minimum tax rate of 25 percent on households worth at least $100 million.