Kirsten Gillibrand backs security transaction tax

Money | Business & Investing

Sen. Kirsten Gillibrand now favors a new charge on Wall Street and investors that could cost billions. New York’s Democratic junior senator is supporting a securities transaction tax (STT) proposal backed by Sen. Bernie Sanders (I-Vt). The tax, which has been proposed and defeated several times, has been called a progressive measure. Advocates say the […]

July 1, 2018

Federal Tax Cuts Leave States in a Bind

Money | Business & Investing

The federal tax overhaul cut taxes for millions of American families and businesses. But the law also had an unintended effect: raising the state-tax bite in nearly every state that has an income tax. Now, governors and state legislators are contending with how to adjust their own tax codes to shield their residents from paying […]

May 15, 2018
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