Immigrants added $14.5 trillion in fiscal savings, Cato report says
Immigrants in the United States paid far more in taxes than they received in public benefits over the past three decades, according to a new Cato Institute analysis that adds a fiscal counterpoint to the national immigration debate. The report estimates that immigrants generated a $10.6 trillion net fiscal gain
Social Security changes could raise hurdles for older and disabled Americans
Social Security changes under the Trump administration are drawing scrutiny from advocates who say new identity checks and a possible Supplemental Security Income rollback could make benefits harder to access for older adults, disabled people, and low-income families. The Social Security Administration has moved to strengthen identity proofing for some
California billionaire tax heads toward ballot as budget fight grows
California voters are moving closer to a major decision over whether the state should impose a one-time billionaire tax to help fund health care, education, and food assistance programs. The California billionaire tax, backed by SEIU United Healthcare Workers West, would impose a 5% tax on the accumulated wealth of
New York luxury home tax puts Mamdani’s affordability agenda in the spotlight
New York City’s luxury home tax fight has become a test of how far local leaders can go in asking wealthy property owners to help fund public services without weakening the city’s appeal to investors and high-income residents. The debate centers on a pied-à-terre tax backed by Mayor Zohran Mamdani
Missouri income tax repeal plan could shift more costs to sales taxes
Missouri lawmakers are weighing a major tax restructuring that could eventually eliminate the state income tax and give future legislatures more room to expand sales taxes. The Missouri income tax proposal, backed by Republican state Rep. Bishop Davidson of the Republic would ask voters to approve a constitutional amendment that
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