Income Tax

• Oregon Dems propose partial split from federal tax code, preserving $291 million for state - To prevent the state’s budget from hemorrhaging nearly $1 billion in revenue under federal tax changes during the next two years, Oregon Democrats in the state Legislature are proposing a strategy to selectively disconnect parts of the stat
• Tax relief push: WA legislator moves to undo some B&O and sales tax increases - (The Center Square) – State Rep. Jeremie Dufault, R-Selah, has introduced two bills for the upcoming 2026 legislative session to roll back some of the recently implemented tax hikes adopted by majority Democrats during this year’s session o
• A Wealth Tax Floated in California Has Billionaires Thinking of Leaving - It’s uncertain whether the proposal will reach the statewide ballot in November, but some billionaires like Peter Thiel and Larry Page may be unwilling to take the risk.
• Rich New Yorkers Threaten to Leave. Then They Find Out How Hard That Is. - Tax accountants and lawyers detail the arduous process wealthy New Yorkers would have to face to avoid paying New York State and city taxes.