Democratic Senator Proposes New Federal Tax on Data Centers

Congress should consider raising a new excise tax on data center development to offset rising power costs and workforce disruption, one lawmaker says. Sen. Ron Wyden (D-OR), the top Democrat on the... Read more »
Capital Gains Tax Discourages Owners From Selling, Senate Hears

Capital Gains Tax Discourages Owners From Selling, Senate Hears

The Senate heard testimony on Tuesday regarding federal taxes on the profits from home sales, which industry advocates say could be discouraging millions of homeowners from selling. Kevin Brown, president of the... Read more »