New York mayor’s office plans to appeal ruling, which comes after homeowners sued over property surcharges last week

A judge has temporarily blocked Zohran Mamdani’s pied-à-terre tax, which would place a surcharge on second homes in New York City, dealing a blow to the progressive New York City mayor after homeowners sued over the policy.

The tax would apply to people who own, but do not reside full-time in, any house worth more than $5m, or a condominium or cooperative unit worth at least $1m.

As Americans race to file their federal taxes before today’s deadline, new analysis breaks down where the money goes

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Many US households spent hundreds more tax dollars on the military last year, according to new analysis, as Donald Trump’s plans to dramatically increase federal defense spending faces growing scrutiny.

Millions of Americans will race to file their taxes today, the final day for federal returns, amid concern over rising living costs and government spending.

Residents in at least 10 states are organizing campaigns to tax wealth in order to fund schools and other social services

Karen Sanchez likes to meet new people at trivia nights or concerts at her local brewery at the edge of Los Angeles county. Her opening line: “How do you feel about taxing the rich?”

Sanchez is volunteering to collect signatures to put a contentious “billionaire tax” on California’s November ballot, sponsored by her union, SEIU – United Healthcare Workers West. The proposal would impose a one-time 5% wealth tax on the state’s 200-plus billionaires to cover lost federal funding for California hospitals and emergency services and to fund public education and food assistance programs. She says most people have been eager to sign on – and want to see more of it.