Abdul El-Sayed, a Democratic candidate for U.S. Senate in Michigan, is facing backlash after claiming he’s waiting on outstanding paperwork needed to accurately fill out his tax disclosure forms. El-Sayed’s statement appears to be trying to defuse allegations from his opponent, Rep. Haley Stevens, D-Michigan, that he is trying to mask his net worth, hiding the true nature of his wealth until after the Michigan Aug. 4 Democratic...

Wealthy Americans are continuing to flee high-tax states — and New York City is paying the price. Nowhere is that more apparent than in Manhattan. The borough led the nation in new tax filers between 2022 and 2023, but it still lost roughly $922 million in adjusted gross income as high-income taxpayers departed and were replaced by lower-earning newcomers. With the 2026 midterm elections approaching, the migration of...