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Taxes

American taxpayers have spent $33 billion on sports stadiums. They got fewer seats—and higher prices
Success
American taxpayers have spent $33 billion on sports stadiums. They got fewer seats—and higher prices
By Catherina GioinoAugust 30, 2026
New York City sends 11,000 more pied-à-terre tax letters as it apologizes to the 1,200 wrongly targeted because it didn’t check 2025 tax returns
Personal Finance
New York City sends 11,000 more pied-à-terre tax letters as it apologizes to the 1,200 wrongly targeted because it didn’t check 2025 tax returns
By Catherina GioinoAugust 28, 2026
Three people stand next to each other and pose for a picture. Herbert Wertheim, wearing a red tie and fedora, stands on the left.
Personal Finance
An 87-year-old American billionaire bought the first Ferrari Luce for $40 million, and the purchase could save him $13 million in taxes
By Sasha RogelbergAugust 28, 2026
DeSantis administration diverted $10 million meant to help poor children, Florida grand jury finds
Politics
DeSantis administration diverted $10 million meant to help poor children, Florida grand jury finds
By Jim Vertuno and The Associated PressAugust 28, 2026
Nvidia CEO Jensen Huang talks to members of the press as he leaves the Hart Senate Office Building on July 28, 2026 in Washington, DC.
Future of Work
‘I’m in favor of taxes,’ says Nvidia’s Jensen Huang—but he doesn’t agree with Bill Gates on his plan to slow an AI fallout
By Eleanor PringleAugust 28, 2026
Bill Gates attend a meeting of Bloomberg at the Plaza Hotel on September 23, 2025 in New York City.
Economy
Bill Gates wants to tax robots to deter businesses from replacing humans with machines
By Eleanor PringleAugust 26, 2026
Photo of Elon Musk
Economy
‘It’s hard to know exactly what the objective of DOGE was’: Former IRS boss warns Elon Musk’s cuts to the tax agency will be felt in years to come
By Sasha RogelbergAugust 24, 2026
Photos of Elon Musk (left) and Sen. Bernie Sanders
Personal Finance
Taxing all 938 billionaires at 100% wouldn’t stop the $40 trillion national debt, says Elon Musk. Bernie Sanders says tax them 5% and send you a check
By Catherina GioinoAugust 23, 2026
The tax escape map: Billionaires are bolting for Florida from the West Coast and taking some $29 billion in tax revenue with them
Real Estate
The tax escape map: Billionaires are bolting for Florida from the West Coast and taking some $29 billion in tax revenue with them
By Marco Quiroz-GutierrezAugust 23, 2026
Jeff Bezos
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeAugust 22, 2026
Meghan, Duchess of Sussex and Prince Harry, Duke of Sussex
Success
Harry and Meghan’s homecoming comes with a multimillion-dollar tax catch—waiting four years could have shielded their $60 million fortune
By Emma BurleighAugust 21, 2026
Eric Schmidt, chief executive officer of Relativity Space and former chief executive officer of Google, during the America Business Forum in Miami, Florida.
Politics
Eric Schmidt is reportedly at odds with Google cofounder Sergey Brin over how a $100 million campaign against California’s billionaire tax is spent
By Joshua HongAugust 21, 2026
You are paying for your favorite college athlete now: ‘the next stage of the arms race’
North America
You are paying for your favorite college athlete now: ‘the next stage of the arms race’
By David A. Lieb and The Associated PressAugust 20, 2026
The IRS is scrutinizing how UnitedHealth moved money through foreign subsidiaries—and whether it underpaid taxes
Law
The IRS is scrutinizing how UnitedHealth moved money through foreign subsidiaries—and whether it underpaid taxes
By Tatiana SatauaAugust 19, 2026
Photo of Chris Larsen
Politics
California’s billionaires just poured $40 million into blocking a wealth tax that threatens to force them to pay 5% of their net worth
By Marco Quiroz-GutierrezAugust 18, 2026
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Success
31-year-old millionaire has zero sympathy for unemployed Gen Z's ‘excuses’—he says 'it is scarily easy' to build a business and get rich right nowplaceholder alt text
By Orianna Rosa RoyleAugust 31, 2026
Success
The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economyplaceholder alt text
By Emma BurleighAugust 30, 2026
Middle East
Iran's president admits 'we have many problems' and missiles 'are of no use' as the U.S. chokes its economy while weakening Tehran's grip on Hormuzplaceholder alt text
By Jason MaAugust 30, 2026
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