A Tax Foundation survey found 24 of 35 European countries levy an estate, inheritance or gift tax, some above 80 percent, a stark contrast for American families with heirs or assets abroad.
The one-time 5% levy on net worth above $1 billion reaches back to a January 2026 residency date, taxes former residents and trusts, and could struggle in court, the analysis argues.
Rep. Jodey Arrington's proposal would stop digital-asset investors from selling at a loss and buying right back, closing a gap that has made crypto the last easy venue for loss harvesting.
Gov. Dan McKee signed a $15.2 billion budget that adds one percentage point a year for three years on income above $1 million, taking the top rate from 5.99% to an effective 8.99%.
Lawmakers sent voters HJR 1-F, which would lift the non-school homestead exemption to $250,000 by 2028, cap non-homestead assessment growth at 5% and make new residents wait four years.
House Bill 463, passed on the final day of Georgia's session, speeds rate cuts toward 3.99%, raises standard deductions and drops several credits, reshaping the math for high earners weighing a Southeast move.
IRS statistics for the week ending February 13, 2026 show fewer people have filed, but the average refund has climbed to $2,476, the first hard evidence that OBBBA's retroactive tax cuts are reaching bank accounts.
California's combined top marginal rate reaches 14.4% and NYC residents face up to 14.776%, even as Georgia, Indiana, Kentucky and six other states cut income tax rates on January 1.
Tax Foundation
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