Bloomberg Politics

NY Plans Tax on City Homes Over $1 Million Bought With Cash

May 14, 2026Center

New York lawmakers are planning a new tax on New York City homes purchased in cash for at least $1 million, according to people familiar with the state budget negotiations.

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Business Leader Calls on New York City to Resist Mamdani

The Gateway Pundit

1 hour ago

Business Leader Calls on New York City to Resist Mamdani

Ken Griffin, the billionaire founder of hedge fund Citadel, urged business leaders to resist the socialism of New York City Democratic Mayor Zohran Mamdani, warning that the Big Apple's business environment will otherwise be destroyed. The post Business Leader Calls on New York City to Resist Mamdani appeared first on The Gateway Pundit.

Far Right

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A Vietnam Nurse Who Came Home, Helped Get Us to 250

RealClearPolitics - Homepage

4 hours ago

A Vietnam Nurse Who Came Home, Helped Get Us to 250

Some Americans who have always celebrated the anniversary of our country's independence see us losing independence and so much else on the eve of our 250th. They aren't in the mood for a parade.

Center Right

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Luka Doncic weighs in on new-look Lakers roster amid heavy criticism

New York Post

5 hours ago

Luka Doncic weighs in on new-look Lakers roster amid heavy criticism

Los Angeles Lakers star guard Luka Doncic shared his "excited" verdict about how his team's roster is shaping up in his NBA offseason.

Right

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BizPac Review

5 hours ago

Freedom at home, persecution abroad

As fireworks light the sky this Fourth of July, Americans will celebrate 250 years of independence — two and a half centuries since a bold experiment in […]

Far Right

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Pay-to-play cycle behind GOP's corporate tax cuts exposed in new report

Raw Story

6 hours ago

Pay-to-play cycle behind GOP's corporate tax cuts exposed in new report

Major American corporations that benefited from tax cuts enacted last year by President Donald Trump and congressional Republicans are donating to the campaigns of GOP lawmakers who made the windfall possible.A report published Friday by Unrig Our Economy spotlights seven House Republicans who voted for the sprawling and unpopular GOP budget package, which extended tax breaks for corporations and wealthy Americans while inflicting unprecedented cuts on Medicaid and federal nutrition assistance—with disastrous consequences for millions of low-income families across the country.Rep. Mariannette Miller-Meeks (R-Iowa), one of the lawmakers featured in the new report, has received campaign donations from corporate PACs representing 3M, Amazon, Walmart, AT&T, and other companies that collectively received billions of dollars in tax breaks from the Republican law, which restored a provision allowing businesses to immediately write off new investments.Amazon saw its US income taxes fall by more than half last year due to the GOP law, even as the company’s profits grew. Unrig Our Economy noted that Amazon, whose PAC donated thousands to the Republicans spotlighted in the new report, has an effective federal tax rate of 1.37% following enactment of the budget law.Miller-Meeks, who has received at least $57,000 in donations from the PACs of companies that benefited from the 2025 law, issued a statement Thursday bragging about supporting “the largest tax cuts in American history,” not mentioning that the benefits will disproportionately flow to profitable corporations and the richest people in the country.“Thanks to the Republican tax law, corporations are receiving tax breaks, House Republicans are getting campaign cash, and working families are getting stuck with the bill,” the report states.Another Republican lawmaker featured in the report, Rob Bresnahan of Pennsylvania, received $2,500 in campaign donations from the PAC of FirstEnergy, which reaped $500 million in depreciation deductions thanks to the GOP tax law.“Bresnahan voted to give FirstEnergy hundreds of millions in tax breaks even after the company raised utility prices for his constituents,” Unrig Our Economy’s report observes.The report also points out that Bresnahan “owned stock in every single one” of the companies who contributed PAC money to his campaign following passage of the Republican budget package last summer.“This comes after Bresnahan has already faced scrutiny for dumping stock in Medicaid providers and selling off bonds in Pennsylvania hospitals before voting to slash Medicaid and put rural hospitals at risk,” the report notes.Leor Tal, Unrig Our Economy’s campaign director, said in a statement that “one year ago, House Republicans ripped away healthcare and food assistance from millions of Americans, so that corporations could get massive tax breaks.”“Now, many of those companies are dishing out PAC money to the Republicans listed in this report,” said Tal. “Republicans in Congress sold out many of their own constituents to help corporations get even richer. It’s time that House Republicans step up, do the right thing, and start fighting for working Americans—not giant corporations.”

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Mamdani mocked by GOP for telling New Yorkers to set thermostats to 78

The Hill News

7 hours ago

Mamdani mocked by GOP for telling New Yorkers to set thermostats to 78

Republicans are criticizing New York City Mayor Zohran Mamdani (D) after he suggested residents set their thermostats to 78 degrees to help conserve energy in the city as it braces for triple-digit temperatures this weekend. “New York: it’s hot out there, and the power grid is working overtime to keep us cool. Set your AC…

Center

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Washington Examiner

8 hours ago

READ IN FULL: Zohran Mamdani’s America 250 address from George Washington’s desk at New York City Hall

Good morning, my fellow Americans. Season after season, year after year, the tides have come in and out of New York Harbor long before the name New York had ever been spoken; Lenape dugouts crossed these currents. It was on these waters, tall masts crested the horizon, captained by explorers like Verrazzano and Hudson, after […]

Center Right

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Live updates: Trump to headline Mount Rushmore’s celebrations; heat forces changes to National Mall event plans

The Hill News

9 hours ago

Live updates: Trump to headline Mount Rushmore’s celebrations; heat forces changes to National Mall event plans

People across the country are preparing to celebrate America’s 250th birthday this weekend — a process that has been made more challenging as event organizers scramble to deal with the extreme heat. President Trump is headed to South Dakota late on Friday, where he’s expected to make remarks at the Mount Rushmore National Memorial and…

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NY Plans Tax on City Homes Over $1 Million Bought With Cash

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NY Plans Tax on City Homes Over $1 Million Bought With Cash

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