5 stories from the week to November 9, 2025, in the order they matter to someone who pays the top rate.
November 6, 2025 at 1:56 PM PST
Shareholders backed a 12-tranche restricted stock grant worth up to $1 trillion. The tax mechanics behind it apply, at smaller scale, to every executive holding performance shares.
Justices on both sides pressed the administration on emergency tariff powers. If the tariffs fall, importers' refunds may hinge on customs deadlines that start running long before a ruling.
Two amendments passed on November 4, 2025 bar Texas from ever taxing capital gains, estates, inheritances or gifts, a permanent guardrail high earners weighing a move should understand.
The mayor-elect's proposed surtax on income above $1 million would stack on New York's already steep state and city rates, though it still needs the governor's and legislature's approval.
The District is weighing emergency legislation to reject expensing, tips, overtime and standard deduction changes from the July federal law for 2025, reopening numbers already baked into estimates.
General information, not tax, legal or investment advice.