California's wealthiest residents could soon face a new kind of tax bill — one that targets their net worth rather than their income. A proposed ballot measure known as the 2026 Billionaire Tax Act ...
Foreign-born billionaire Peter Thiel is hinting that he might be ready to cut ties with California, and it’s not because he no longer enjoys the sunshine; it’s about taxes. A new ballot initiative, ...
Add Yahoo as a preferred source to see more of our stories on Google. A proposed 5% wealth tax on billionaires is facing resistance as supporters push it toward the ballot. California Gov. Gavin ...
California’s billionaires are fleeing the state like a group of teenagers being chased by a ghost through a haunted graveyard. The reason for the exodus: The 2026 Billionaire Tax Act” a wealth tax ...
LOS ANGELES (AP) — A proposed billionaires’ tax in California has ignited a political uproar in Silicon Valley, with tech titans threatening to leave the state while Democratic Gov. Gavin Newsom ...
A number of billionaires in the Golden State are fired up over a possible one-time 5% tax on their wealth. The proposal, sponsored by the Service Employees International Union–United Healthcare ...
LOS ANGELES (AP) -- A proposed billionaires' tax in California has ignited a political uproar in Silicon Valley, with tech titans threatening to leave the state while Democratic Gov. Gavin Newsom ...