IRS announces new federal income tax brackets for 2027
The IRS has announced higher federal income tax brackets and standard deductions for 2027. Here's what taxpayers need to know.
6 NOVEMBER 2026 · GLOBAL MARKETS DESK
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California’s billionaire tax faces defeat, but Democrats plan higher taxes on the wealthy
The likely defeat of the California billionaire tax may energize Democrats in Congress to propose federal tax hikes on high earners, according to tax experts.
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