The county is sitting on $761.23 million in outstanding debt. Candidates for the county's top position have different ...

Mayor Brandon Johnson’s budget plan faces its first major challenge at City Hall on Monday, as the mayor holds firm to his ...

One concession Mayor Brandon Johnson has offered is to impose a corporate head tax only on businesses with 200 or more employees, instead of on companies with 100 employees.

The mayor’s new proposal would scale back the corporate head tax while hiking the lease tax to 15%, but key aldermen remain ...

Proponents say former Mayor Rahm Emanuel’s removal of the corporate head tax left a hole in the city's budget that was never ...

The Treasury Department and Internal Revenue Service are issuing rules that provide hundreds of billions of dollars in tax relief to big companies and the ultrarich.

Zohran Mamdani has put forth many bold—and expensive—proposals in his New York City mayoral bid, including childcare for all, government-run grocery stores, and free buses. He's planning to pay for ...

As tax season approaches, you might be asking yourself, "Is rental income taxable?" Or, "Do you pay tax when you sell a rental property?" The short answer is that it depends. Rental income is often ...

Tesla has seen its profits slide even as it reported record quarterly revenue after US buyers rushed to secure a key tax credit on electric car purchases before it ended last month. The firm said ...

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has broken his silence on the opposition of proxy advisory firms Institutional Shareholder Services Inc. and Glass Lewis to his $1 trillion CEO compensation ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Mayor Brandon Johnson is calling for the revival of a ...

This is read by an automated voice. Please report any issues or inconsistencies here. Business tax breaks cut federal revenues by $77 billion this year, fattening the pockets of rich corporate ...