Public Policy & NGOs
Here's a look at documents from public policy and non-governmental organizations
Featured Stories
Va. Advancing Paid Family and Medical Leave Legislation Signals Strong Support for Small Businesses
WASHINGTON, March 14 -- Small Business Majority issued the following statement on March 13, 2026,:
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Va. Advancing Paid Family and Medical Leave Legislation Signals Strong Support for Small Businesses
Statement from Awesta Sarkash, Vice President of State Policy and Advocacy for Small Business Majority, on why Virginia's small businesses would benefit from a public paid family and medical leave program
"Virginia continues to show clear support for small businesses now that both the Virginia House of Delegates and the Virginia Senate have passed legislation that would create a commonwealth-run
... Show Full Article
WASHINGTON, March 14 -- Small Business Majority issued the following statement on March 13, 2026,:
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Va. Advancing Paid Family and Medical Leave Legislation Signals Strong Support for Small Businesses
Statement from Awesta Sarkash, Vice President of State Policy and Advocacy for Small Business Majority, on why Virginia's small businesses would benefit from a public paid family and medical leave program
"Virginia continues to show clear support for small businesses now that both the Virginia House of Delegates and the Virginia Senate have passed legislation that would create a commonwealth-runpaid family and medical leave program. Small businesses that have long struggled to recruit and retain a talented workforce will be better able to compete with large companies that offer more robust benefits packages including paid family and medical leave.
When small businesses can't attract or retain top talent, it impacts their bottom line and their ability to innovate - but it's also important to note that support for paid family and medical leave isn't just about profits. Entrepreneurs also want to do right by their employees, which is why it's no surprise that a Small Business Majority survey found 70% of small business owners nationwide support establishing state-run paid family and medical leave programs.
Implementing paid family and medical leave is a commonsense policy solution that small businesses have supported for many years. We strongly encourage Gov. Spanberger to sign this critical new program into law as soon as possible so that small businesses and their employees can begin to take advantage of new benefits."
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About Small Business Majority
Small Business Majority is a national small business organization that empowers America's diverse entrepreneurs to build a thriving and equitable economy. We engage our network of more than 85,000 small businesses and 1,500 business and community organizations to advocate for public policy solutions and deliver resources to entrepreneurs that promote equitable small business growth. Our deep connections with the small business community along with our scientific research enable us to educate the public about key issues impacting America's entrepreneurs, with a special focus on advancing the smallest businesses and those facing systemic inequalities. Learn more about us on our website and follow us on Twitter(X), Facebook and Instagram.
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Original text here: https://smallbusinessmajority.org/press-release/va-advancing-paid-family-and-medical-leave-legislation-signals-strong-support-small-businesses
[Category: Business]
No Labels Issues Commentary: Senate Just Passed a Rare Bipartisan Housing Bill - Here's What's in It
WASHINGTON, March 14 -- No Labels, a political organization that advocates for centrism and bipartisanship, issued the following commentary on March 13, 2026, by senior policy analyst Peyton Lofton:
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The Senate Just Passed a Rare Bipartisan Housing Bill. Here's What's in It
The 21st Century ROAD to Housing Act would cut red tape, reward cities that build more homes, and limit home buying from large investors.
A generation of Americans is being priced out of homeownership. Congress may finally be doing something about it.
This week, the Senate voted 89-10 to pass the 21st Century ROAD
... Show Full Article
WASHINGTON, March 14 -- No Labels, a political organization that advocates for centrism and bipartisanship, issued the following commentary on March 13, 2026, by senior policy analyst Peyton Lofton:
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The Senate Just Passed a Rare Bipartisan Housing Bill. Here's What's in It
The 21st Century ROAD to Housing Act would cut red tape, reward cities that build more homes, and limit home buying from large investors.
A generation of Americans is being priced out of homeownership. Congress may finally be doing something about it.
This week, the Senate voted 89-10 to pass the 21st Century ROADto Housing Act - co-led by Republican Sen. Tim Scott and Democratic Sen. Elizabeth Warren, not a duo you see together often. Here's what's in it, who's behind it, and why the House is the remaining question.
The Housing Crunch, By the Numbers
America is short about 4 million homes, and it shows.
Rents are at record highs. The median sale price for a house in 2025 was just over $400,000. Adjusting for inflation, home prices have been climbing with no sign of letting up.
Meanwhile, the U.S. only built 1.5 million homes last year - an 8% drop from the year before, even as the population kept growing.
The math isn't complicated. When demand grows and supply shrinks, prices go up. Americans aren't going to stop wanting houses any time soon, so the only solution is to increase supply - or, as President Trump says, "Build, Baby, Build!"
And it should work. A 2025 study from the University of Chicago found that every 1% increase in housing supply reduces average rent by 0.19%. That may sound small, but across millions of renters and a multi-trillion-dollar housing market, small gains add up fast.
That's exactly what the Senate is trying to do with the 21st Century ROAD to Housing Act.
What the Bill Does
The ROAD Act is a budget-neutral plan to remove the obstacles that make housing slow and expensive to build.
The centerpiece is a revamped Community Development Block Grant (CDBG) program. Cities that build more housing would receive bonus CDBG funding; cities that fall short of their housing goals would see their funding reduced. It's a carrot-and-stick approach designed to push local governments - which ultimately control zoning and permitting - in the right direction.
Beyond that, the bill:
Creates a $200 million Innovation Fund for cities that reform zoning and permitting;
Expands federal environmental review exemptions for housing projects to speed up approvals;
Streamlines the Section 8 inspection process so more landlords accept housing vouchers;
Directs the Consumer Financial Protection Bureau (CFPB) to study financing barriers for lower-cost homes; and
Standardizes the mortgage appraiser licensing process.
The Corporate Homebuying Provision
The most politically charged part of the bill has nothing to do with red tape.
A section called "Homes are for People, Not Corporations" - drawing on a Trump executive order - would ban large entities from purchasing new single-family homes if they already own 350 or more. There are narrow exceptions, like "build-to-rent" where investors can build or buy newly-built homes if they rent them out, but they have to sell the house within 7 years.
This idea is pretty popular. Groundwork Collaborative, a progressive think tank, found that 73% of voters supported banning corporate investors from buying single-family homes last month. GrayHouse, a Republican polling firm, found 59% of voters in support.
But it seems unlikely to have an impact on affordability. According to the Wall Street Journal, large investors account for less than 1% of the single-family housing stock. They own even fewer homes in the most expensive markets like Los Angeles (0.3%), Boston (0.02%) and Washington, D.C. (0.07%).
Other analysts are worried this provision could actually limit housing supply. Pew found that restrictions on build-to-rent investors would actually reduce single-family home construction by as many as 100,000 units per year. Housing economist Kevin Erdmann argued the provision "would probably end the market for new build-to-rent single-family homes" - the opposite of what housing advocates want.
It's a tension built into the bill: the anti-corporate provision is popular with voters frustrated by Wall Street landlords, but it undermines the supply goals the rest of the bill is trying to achieve.
Who's Behind It
That tension hasn't stopped a wide coalition from lining up behind the bill.
The ROAD Act is widley endorsed across the ideological spectrum the White House, the National Association of Realtors, the U.S. Conference of Mayors, Habitat for Humanity, Enterprise Community Partners, and the Bipartisan Policy Center all back it.
The public appetite is there, too. A May 2024 Morning Consult poll found that 74% of Americans said the lack of affordable homes is a significant problem, and 78% supported passing bipartisan legislation to increase the supply of affordable homes.
The Senate Is On Board. The House Is the Question.
The 89-10 Senate margin makes the path look easy, but the House is more complicated.
The House passed a similar housing bill in February by a lopsided 390-9 margin, but the latest version includes new provisions the House hasn't voted on.
Some House Republicans have balked at an unrelated rider that would temporarily ban the Federal Reserve from creating a digital currency; far-right members want a permanent ban, not a temporary one. Free-market conservatives may also push back on the "Homes are for People, Not Corporations" provision, which the House never saw in the earlier version.
Rather than an up-or-down vote, Speaker Johnson has floated sending the bill to conference - a process that could mean more negotiations, more delays, and a narrower path to becoming law.
For now, the bill waits. So do the 4 million missing homes.
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Peyton Lofton is Senior Policy Analyst at No Labels and has spent his career writing for the common sense majority. His work has appeared in the Washington Examiner, RealClearPolicy, and the South Florida Sun Sentinel. Peyton holds a degree in political science from Tulane University.
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Original text here: https://nolabels.org/the-latest/the-senate-just-passed-a-rare-bipartisan-housing-bill-heres-whats-in-it/
[Category: Political]
Maria Lazar Continues Courting Extreme Right-Wing
MONONA, Wisconsin, March 14 -- A Better Wisconsin Together, a state-based research and communications hub for progressives, posted the following news release:
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Maria Lazar Continues Courting Extreme Right-Wing
Lazar's close ties to radical right-wing extremists continue to get more bizarre by the day
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Judge Maria Lazar continues to court extreme right-wing groups and election conspiracy theorists as she campaigns for a seat on the Wisconsin Supreme Court. This weekend, Lazar is advertised as a featured guest at an event hosted by the 5Riders and Lake Country Patriots.
"Maria Lazar's
... Show Full Article
MONONA, Wisconsin, March 14 -- A Better Wisconsin Together, a state-based research and communications hub for progressives, posted the following news release:
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Maria Lazar Continues Courting Extreme Right-Wing
Lazar's close ties to radical right-wing extremists continue to get more bizarre by the day
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Judge Maria Lazar continues to court extreme right-wing groups and election conspiracy theorists as she campaigns for a seat on the Wisconsin Supreme Court. This weekend, Lazar is advertised as a featured guest at an event hosted by the 5Riders and Lake Country Patriots.
"Maria Lazar'sclose ties to radical right-wing extremists continue to get more bizarre by the day," said Lucy Ripp, a spokesperson for A Better Wisconsin Together.
In addition to hosting Lazar this weekend, 5Riders has also hosted other polarizing figures in the recent past, including members of the book-banning group Moms for Liberty and election conspiracy theorists. Notably, 5Riders also has a history of endorsing failed right-wing candidates for Wisconsin Supreme Court, including Brad Schimel in 2025 and Dan Kelly in 2023.
In January of this year, 5Riders published a group of songs and videos with highly questionable, racially charged lyrics in the song "Separate but Equal" that apparently misconstrues the three co-equal branches of the government and includes lyrics, "It's about keeping the dark from killing the light."
Lazar's weekend appearance is just the latest in her long dalliance with the extreme right. Previously she has:
* Been endorsed by Wisconsin's most radical anti-abortion groups, including Pro-Life Wisconsin, whose mission is to ban abortion with no exceptions and criminalize doctors and nurses for providing abortion care;
* Ruled in favor of allowing far-right election conspiracists access to personal voting data;
* Embraced election deniers like Michael Flynn, Jim Troupis, and Michael Gableman; and
* Praised members of Moms for Liberty, a group notorious for their book banning agenda and designation by the Southern Poverty Law Center as an extremist antigovernment group.
Most recently, Lazar dodged answering questions about whether or not she would have supported Donald Trump's campaign lawsuit that came before the Wisconsin Supreme Court that tried to overturn his 2020 election loss by throwing out ballots cast by 220,000 Wisconsinites in two counties.
"Cozying up to people and groups who would undermine our rights and freedoms is a huge red flag when the person doing it is a sitting judge who aims to sit on Wisconsin's highest court," said Ripp.
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A Better Wisconsin Together is a state-based research and communications hub for progressives and is an affiliate of ProgressNow.
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Original text here: https://abetterwisconsin.org/maria-lazar-continues-courting-extreme-right-wing/
[Category: Economics]
Florida Maintains Economic Momentum Following Conclusion of 2026 Legislative Session Despite Discord
TALLAHASSEE, Florida, March 14 -- The Florida Chamber of Commerce issued the following news:
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Florida Maintains Economic Momentum Following Conclusion of 2026 Legislative Session Despite Discord
The Florida Chamber sees the passage of major public sector union collective bargaining reforms while defeating several anti-business bills, including lawsuit abuse reform rollbacks; Competitiveness decisions remain on outstanding budget and tax issues
Florida's Regular Legislative Session by the Numbers:
* 1,788 Bills and PCBs filed; approximately 185 general bills passed both chambers
* Florida
... Show Full Article
TALLAHASSEE, Florida, March 14 -- The Florida Chamber of Commerce issued the following news:
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Florida Maintains Economic Momentum Following Conclusion of 2026 Legislative Session Despite Discord
The Florida Chamber sees the passage of major public sector union collective bargaining reforms while defeating several anti-business bills, including lawsuit abuse reform rollbacks; Competitiveness decisions remain on outstanding budget and tax issues
Florida's Regular Legislative Session by the Numbers:
* 1,788 Bills and PCBs filed; approximately 185 general bills passed both chambers
* FloridaChamber of Commerce testified approximately 100 times on legislation impacting job creators
* Florida Chamber is analyzing approximately 4,000 regular session votes cast by lawmakers and will release its annual Legislative Report Card with our forthcoming How They Voted publication
* $1.4 billion difference in House and Senate budgets, requiring a special session before June 30
At the conclusion of the 2026 regular legislative session, Florida has maintained its economic momentum, marking another year of measured progress for job creators without any major steps backward in Florida's competitiveness.
"Florida continues to outpace much of the nation because of a united business community that is focused on the right things happening in Florida," said Mark Wilson, President & CEO of the Florida Chamber of Commerce. "This year, lawmakers took incremental steps in strengthening Florida's business climate without backtracking on policies that have led to Florida's nationally-recognized pro-business environment, ensuring job creators and families can continue to thrive."
Throughout the 2026 session, the Florida Chamber remained focused on the issues that furthered Florida's economic competitiveness and aligned with our Florida 2030 Blueprint. Key priorities championed by the Florida Chamber included:
* Protecting taxpayers and putting students first with further public sector union transparency and accountability: Continues the work from 2023 to strengthen collective bargaining processes by requiring a higher threshold to ensure the entire bargaining class is represented and protects taxpayers by preventing taxpayer dollars from being used on union or political activity. When 43 percent of third graders are unable to read at grade level, the focus should be on the classroom and not on union activities.
* Creating clarity to benefit job creators and employees: Provides certainty and clarity on the statute of limitations for filing a lawsuit under the Florida Civil Rights Act when either the Equal Opportunity Employment Commission or the Florida Commission on Human Relations is performing an investigation of an alleged violation.
* Expanding affordable workforce housing options and opportunities: Continues the work of "Live Local" to address additional workforce housing needs by restricting local governments from circumventing Live Local requirements through excessive regulations and authorizing residential housing on property owned by local governments.
* Lowering costs on new development: Provides clarity, consistency, and prevents abuse in the way local governments calculate impact fees by defining "extraordinary circumstances," ensuring these fees are truly being used to pay for future infrastructure needs.
* Expanding opportunities to address healthcare workforce shortages: Expands the successful Linking Industry with Nursing Education (LINE) matching grant fund to allow greater opportunity and flexibility for Florida's higher education institutions to partner with stakeholders to grow their nursing education and other related health science programs that provide direct care and diagnostic services to patients.
* Strengthening resiliency of Florida's coastal and inland communities: Promotes public-private partnerships and investment in resiliency projects while also expediting permitting for the construction and hardening of critical infrastructure to protect against extreme weather, flooding, and coastal erosion.
* Streamlining Florida's building permit process: Provides clarity, enhances predictability, and modernizes the permitting process by establishing a statewide uniform permit application for residential and commercial projects while also relaxing minor projects from permitting, and prevents delays in construction by encouraging private provider options and preventing duplicate inspections.
* Furthering Florida's leadership in mobility innovation: Advances the Florida Chamber Autonomous Florida goal of making Florida the global capital of mobility innovation by investing in Florida's advanced air mobility industry and adds vertiports and charging stations to the list of qualified public-private partnerships.
* Attracting high-value economic development projects: Creates a framework for Florida to continue to compete for the attraction and development of large-scale data centers - and the economic benefits and revenue generation they offer - while ensuring Florida's ratepayers, water and communities remain protected.
The Florida Chamber also worked tirelessly to defeat legislation that would have reversed progress already made toward improving Florida's legal climate or that would have discouraged innovation and additional business development in Florida. Once again this year, legislation was filed, heard and ultimately defeated that would have undone provisions of the historic 2023 lawsuit abuse reforms. Additionally, legislation was advanced initially that would have effectively barred certain companies or industries from doing business in Florida, despite the beneficial economic impact of these projects.
"Florida's economic success does not happen by accident," said David Sweeney, Chairman of the board for RS&H and the Florida Chamber of Commerce. "It requires consistent leadership, data-driven policy and strong partnerships between the private sector and policymakers, and for over 100 years, the Florida Chamber has been at the helm steering Florida's business community to success."
Further work remains when the legislature returns to Tallahassee to complete work on the budget and outstanding tax policies. The Florida Chamber continues to encourage the legislature to consider adopting provisions of the "Trump Tax Cuts" from the One Big Beautiful Bill Act to encourage capital investment and innovation in Florida.
"Florida cannot rest on its laurels but must continue focusing on our economic competitiveness and pro-business environment," Frank Walker, Executive Vice President of Government & Political Relations, said. "As we continue to compete with other states and nations, Florida can send a signal that investment and innovation are welcome in Florida by easing administrative and economic burdens through the adoption of additional pro-business policies that stimulate job creation and unleash pathways to prosperity for all Floridians."
The Florida Chamber team is analyzing thousands of votes and will release its annual Legislative Report Card with its annual publication How They Voted, highlighting grades earned by all 156 legislators in the Florida House and Senate based on their votes during the 2026 legislative session. The Florida Chamber Legislative Report Card is an annual opportunity to recognize members of the Florida Legislature who placed making Florida more competitive through private-sector job creation above special interests and their attempts to protect the status quo. The Report Card also lets Florida families, small businesses, taxpayers, and voters know who voted in favor of private-sector job creation and a stronger economy.
Click here (https://conta.cc/4dq9SPM) to view the Florida Chamber's full legislative review of what passed, what was defeated, and what remains unfinished business at the conclusion of the 60-day regular legislative session.
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Original text here: https://www.flchamber.com/florida-maintains-economic-momentum-following-conclusion-of-2026-legislative-session-despite-discord/
[Category: Business]
Club for Growth PAC Endorses Rep. Kevin Hern in OK-SEN Race
WASHINGTON, March 14 -- Club for Growth, an advocacy organization, issued the following news release:
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Club for Growth PAC Endorses Rep. Kevin Hern in OK-SEN Race
Club for Growth PAC has endorsed Rep. Kevin Hern (CFGF Lifetime Rating: 92%) in Oklahoma's Senate race. Hern is running to replace Sen. Markwayne Mullin (CFGF Lifetime Rating: 77%) after President Trump announced Mullin's nomination to serve as the Secretary of the Department of Homeland Security.
"Rep. Kevin Hern has consistently voted against debt limit increases, omnibus spending bills, and wasteful government spending. He's
... Show Full Article
WASHINGTON, March 14 -- Club for Growth, an advocacy organization, issued the following news release:
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Club for Growth PAC Endorses Rep. Kevin Hern in OK-SEN Race
Club for Growth PAC has endorsed Rep. Kevin Hern (CFGF Lifetime Rating: 92%) in Oklahoma's Senate race. Hern is running to replace Sen. Markwayne Mullin (CFGF Lifetime Rating: 77%) after President Trump announced Mullin's nomination to serve as the Secretary of the Department of Homeland Security.
"Rep. Kevin Hern has consistently voted against debt limit increases, omnibus spending bills, and wasteful government spending. He'sthe ideal candidate to represent Oklahomans in the Senate," said Club for Growth PAC President David McIntosh. "In the Senate, Hern will continue fighting for limited government and election integrity, strengthening the Republican Senate conference. Club for Growth PAC is proud to endorse him in the race."
Club for Growth PAC is affiliated with Club for Growth Action, the nation's largest conservative Super PAC. In 2024, Club for Growth PAC endorsed candidates won 79% of their elections.
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Original text here: https://www.clubforgrowth.org/club-for-growth-pac-endorses-rep-kevin-hern-in-ok-sen-race/
[Category: Political]
CAIR-SFBA, SIREN Acknowledge San Jose ALPR Limits, Say Warrantless Searches Must End
WASHINGTON, March 14 -- The Council on American-Islamic Relations posted the following news release on March 13, 2026:
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CAIR-SFBA, SIREN Acknowledge San Jose ALPR Limits, Say Warrantless Searches Must End
The San Francisco Bay Area office of the Council on American-Islamic Relations (CAIR-SFBA) and Services, Immigrant Rights & Education Network (SIREN) today acknowledged the San Jose City Council's March 10 vote to adopt new guardrails on the city's use of automated license plate readers (ALPRs). The organizations emphasized, however, that the changes do not go far enough to end warrantless
... Show Full Article
WASHINGTON, March 14 -- The Council on American-Islamic Relations posted the following news release on March 13, 2026:
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CAIR-SFBA, SIREN Acknowledge San Jose ALPR Limits, Say Warrantless Searches Must End
The San Francisco Bay Area office of the Council on American-Islamic Relations (CAIR-SFBA) and Services, Immigrant Rights & Education Network (SIREN) today acknowledged the San Jose City Council's March 10 vote to adopt new guardrails on the city's use of automated license plate readers (ALPRs). The organizations emphasized, however, that the changes do not go far enough to end warrantlesspolice searches of drivers' location data, the core issue in their joint lawsuit over the city's ALPR program.
SEE: San Jose Council moves ahead with new guardrails on license-plate cameras (https://www.mercurynews.com/2026/03/10/san-jose-council-poised-to-move-on-new-guardrails-on-license-plate-cameras/amp/)
On Tuesday, March 10, the city council unanimously approved new limits on the San Jose Police Department's (SJPD) use of the 474 Flock ALPRs across the city. The changes reduce the data retention period from one year to 30 days, add new documentation and authentication requirements for agencies requesting data, and prohibit cameras near abortion clinics, healthcare facilities with gender-affirming care, consulate offices, and places of worship.
The lawsuit, filed by the Electronic Frontier Foundation (EFF) and the American Civil Liberties Union (ACLU) of Northern California on behalf of CAIR-CA and SIREN, argues that San Jose's ALPR practices violate the California Constitution. The case challenges the city's practice of allowing police to search drivers' historical location data without a warrant and seeks a court order requiring San Jose to obtain one before searching its ALPR database or allowing other agencies to do the same.
The scale of the program remains significant. According to publicly released audit documents cited in the complaint, SJPD conducted 261,711 retrospective searches of its ALPR database between June 5, 2024, and June 17, 2025.
In a statement, CAIR-SFBA Civil Rights Managing Attorney Jeffrey Wang said:
"While the city council has approved limits on data retention and protections for sensitive locations, these reforms do not fix the core constitutional problem. SJPD still has the power to search drivers' location history without a warrant, allowing the government to reconstruct where people have been without judicial oversight. If police want to sift through that kind of deeply revealing data, they should have to go to a judge first."
In a statement, SIREN Community Organizer Kimberly Woo said:
"While San Jose passed stronger guardrails against ALPR cameras, no perfect policy will protect us against the constitutional privacy violations that AI mass surveillance fundamentally brings, especially in a time of federally sanctioned violence against our immigrant neighbors. If the government still believes in ALPRs' invasive technology, then they must obtain a valid judicial warrant, or the safety and civil rights of every driver on our roads are compromised."
The organizations noted that San Jose's contract with Flock is up for renewal in June, giving the city an opportunity not only to end the contract, but also to reconsider its use of ALPR surveillance altogether. They also urged community members, following Tuesday's city council discussion of the ALPR data usage protocol, to organize now and press city leaders to end the city's mass surveillance of its residents and drivers.
CAIR-SFBA is an office of CAIR, America's largest Muslim civil liberties and advocacy organization. Its mission is to enhance understanding of Islam, protect civil rights, promote justice, and empower American Muslims.
SIREN is a nonprofit organization and a vehicle for low-income immigrants and refugees in California--to be their own agents for change. We do this through community education and organizing, leadership development, legal services, policy advocacy, and civic engagement.
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Original text here: https://www.cair.com/press_releases/cair-sfba-siren-acknowledge-san-jose-alpr-limits-say-warrantless-searches-must-end/
[Category: Sociological]
Americans for Tax Reform: Mamdani Wants to Stick New Yorkers With World's Highest Death Tax
WASHINGTON, March 14 -- Americans for Tax Reform posted the following commentary by John Kartch:
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Mamdani Wants to Stick New Yorkers with World's Highest Death Tax
New York City mayor Zohran Mamdani has endorsed a 50% death tax rate.
Combined with the federal rate of 40%, and after accounting for deductibility, New Yorkers will face a combined federal-state Death Tax rate of 70%. The highest in the world.
Mamdani wants to drastically expand the Death Tax net. Any New Yorker who dies with $750k of assets will be hit.
As noted by Bloomberg News:
New York City Mayor Zohran Mamdani wants
... Show Full Article
WASHINGTON, March 14 -- Americans for Tax Reform posted the following commentary by John Kartch:
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Mamdani Wants to Stick New Yorkers with World's Highest Death Tax
New York City mayor Zohran Mamdani has endorsed a 50% death tax rate.
Combined with the federal rate of 40%, and after accounting for deductibility, New Yorkers will face a combined federal-state Death Tax rate of 70%. The highest in the world.
Mamdani wants to drastically expand the Death Tax net. Any New Yorker who dies with $750k of assets will be hit.
As noted by Bloomberg News:
New York City Mayor Zohran Mamdani wantsto slash New York state's estate tax exemption threshold by almost 90%, from a more than $7 million limit to $750,000, and raise the top estate tax rate from 16% to 50%.
The proposal was included among nearly a dozen potential revenue-raising ideas Mamdani's office circulated in a memo in recent weeks to state lawmakers negotiating the state budget. Mamdani is facing a $5.4 billion city budget deficit for the fiscal year that begins July 1, and is seeking help from the state legislature in raising money to close the gap.
The memo was first reported by New York Focus.
The change Mamdani is supporting would be significant. New York is already one of a dozen states that impose separate state-level estate taxes on top of federal estate taxes. If the change were enacted, New York's estate tax exemption threshold would be the lowest in the US.
Stay tuned for updates.
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Original text here: https://atr.org/mamdani-wants-to-stick-new-yorkers-with-worlds-highest-death-tax/
[Category: Political]
