Mayor Brandon Johnson promised to "challenge the ultra-rich" and corporations to shoulder Chicago's financial burden, and his ...

Italian Prime Minister Giorgia Meloni said on Friday she had no concerns that tax increases on banks and insurance firms ...

Chicago Mayor Brandon Johnson wants to close nearly half of next year’s $1.19 billion deficit with new or higher taxes on ...

Mayor Brandon Johnson’s budget plan avoids a property tax hike but adds a new charge on social media tech giants and a monthly $21-per-employee tax on larger companies.

Mayor Brandon Johnson’s plan to plug a $1.19 billion deficit would raise $100 million a year through a corporate head tax, ...

Mayor Brandon Johnson is proposing a mix of $800 million in new taxes, fines and fees to help close a nearly $1.2 billion ...

Chicago Mayor Brandon Johnson has released his budget proposal, aiming to close a projected deficit of more than $1 billion.

Ald. Andre Vasquez (40th), who marshaled opposition to Johnson’s 2025 budget, warned the mayor to prepare for another budget rewrite that includes deeper budget cuts to help make the case for higher ...

Business tax breaks cut federal revenues by $77 billion this year, fattening the pockets of rich corporate insiders.

A Kansas budget analyst said tax cuts in the One Big Beautiful Bill Act will flow through to state corporate income tax revenue.

Mayor Brandon Johnson is expected to ask the City Council to revive a corporate head tax as part of his plan to close a $1.15 ...

How do the rich avoid paying taxes -- legally? From capital gains to offshore accounts, here are 5 strategies you may not ...