How Universal Child Care Could Change the Economy

Zohran Mamdani, the Democratic nominee for New York City mayor, has proposed no-cost, universal child care, helping to reignite a national conversation.

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‘Tax the Rich,’ French Protesters Cry, as the Wealthy Push Back on Paying More

With a budget crisis looming, a proposal for a tax on ultrahigh-wealth individuals has grass-roots support, but it adds conflict to an already fragmented political landscape.

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The Wealth Tax Plan That’s Roiling New York and French Politics

Endorsed by Zohran Mamdani and criticized by business leaders, the idea involves hitting millionaires with a stiff levy.

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The Cloudy Outlook for New York City’s Economy

Employers are adding far fewer jobs, and even the health care sector could soften. But the city’s economy appears stronger than those on the West Coast.

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New York Needs More Millionaires, Fiscal Watchdog Says

A report by the nonpartisan Citizens Budget Commission comes at a time when income inequality and affordability have been the most prominent themes in the race for New York City mayor.

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Elon Musk’s SpaceX Most Likely Doesn’t Pay Taxes

Elon Musk’s rocket company relies on federal contracts, but years of losses have most likely let it avoid paying federal income taxes, according to internal company documents.

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Trump’s Tariffs Are Making Money. That May Make Them Hard to Quit.

The tariffs are a substantial new source of revenue for the federal government. The budget may start to depend on it.

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Truemed, a Start-Up Run by an RFK. Jr. Aide, Gives Tax Breaks for Meat and Mattresses

The start-up, called Truemed, helps people buy meat and mattresses with money that isn’t subject to federal income tax. But does the tax break apply?

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Social Security Email Says Policy Bill Eliminates Tax on Benefits. Does It?

The Social Security Administration circulated an imprecise email about the provisions in the new law. Here’s what it actually does.

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The First Income Tax in the Persian Gulf Signals a Changing Economic Reality

A plan by Oman is being closely watched by other governments in the region that are preparing for a future beyond oil.

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