Trump Clears Way for Companies to Avoid Taxes in Havens Including Malta and Cyprus NYT | Top Stories Jesse Drucker and Dylan Freedman 29 May 2026 at 22:49 U.S. companies skirted at least $40 billion in taxes since the beginning of 2025 thanks to schemes in places like Malta, Bermuda and Cyprus. © Susan Wright for The New York TimesA favorite destination for tax-dodging by U.S. companies was the tiny Mediterranean island of Malta.
What’s Inside New York’s $269 Billion Budget: Second-Home Tax, Restrictions on ICE and More NYT | Top Stories Grace Ashford 29 May 2026 at 01:56 Gov. Kathy Hochul used the state budget as a vehicle for policy initiatives, including a new second-home tax and a push to make the state less hospitable to immigration agents. © Cindy Schultz for The New York TimesGov. Kathy Hochul insisted on making climate goals easier to reach as part of the budget deal.