Taxes

Rich San Francisco homeowners get sold-off street back

An investor scooped up one of the toniest private streets in San Francisco after its wealthy owners didn't pay property taxes for years, a sale that the well-connected homeowners want city leaders to reverse Tuesday.

GOP shoves tax overhaul ahead; shutdown still a threat

President Donald Trump's year-end agenda is at a critical juncture as he heads Tuesday to Capitol Hill to rally Senate Republicans on taxes — and then pivot to negotiations with Democrats pressing for victories of their own in a separate, high-stakes showdown over the budget and immigration.

Business Highlights

___ Tax bill advances, final Senate vote uncertain WASHINGTON (AP) — A key Senate committee advanced a sweeping tax package to the full Senate on Tuesday, handing Republican leaders a victory as they try to pass the nation's first tax overhaul in 31 years.

NY homeowners will see taxes increase without SALT: Rep. King

Rep. Peter King, a staunch opponent to the current version of the House Republicans’ tax reform plan, said the elimination of the state and local tax (SALT) deduction could increase the average New York homeowner’s taxes by at least $1,000.