Government ❯ Politics ❯ Public Policy ❯ Taxation

Wealth Tax

Hochul and Mamdani Propose NYC Surcharge on $5 Million Second Homes

The plan still needs state budget approval before any bills go out.

New York Legislature Backs Higher Taxes for NYC in One-House Budgets, Setting Up Clash With Hochul

Backlash Grows to Mamdani’s $127 Billion NYC Budget and 9.5% Property‑Tax Threat

Senate Data Show Over 13,000 Property‑Wealthy Households Owe No Income Tax in 2024

Mamdani Presses Tax Hikes to Close NYC’s $12B Gap, Warns of Cuts if Albany Won’t Help

Hochul Unveils $260 Billion Budget Without Income-Tax Hike

Newsom Escalates Fight Against California’s Proposed Billionaire Wealth Tax

Swiss Voters Reject National Service Expansion and 50% Inheritance Tax for Climate

French Senate Blocks Forced Loan on Wealthy, Rewrites Key Taxes as 2026 Budget Fight Deepens

Reeves Lines Up Welfare Boosts and Targeted Levies Ahead of Wednesday’s Budget

Reeves Prepares Budget Focused on Living Costs, Tax Threshold Freezes and Targeted Levies

Reeves Poised to Extend Tax Freeze and Cap Salary Sacrifice as Pensioners Near Tax Net

Starmer Refuses to Rule Out Extending Income Tax Threshold Freeze Before Budget

Mamdani Taps Dean Fuleihan as First Deputy Mayor, Elevates Elle Bisgaard-Church to Chief of Staff

Reeves Signals Pre‑Budget Tax Rises After Declining to Reaffirm Labour Pledge

France’s 2026 Budget Stalls in the Assembly as Left Boycotts Government Talks

Reeves Signals Tax and Spending Moves as OBR Downgrade Widens Budget Gap

France’s 2026 Budget Hangs on Wealth‑Tax Deal as Socialists Threaten Censure

Reeves Weighs Income Tax Rises to Close Budget Gap After OBR Downgrade

France’s 2026 Budget Showdown Escalates as PS Threatens Censure and MPs Extend High‑Earners Levy