A proposed ballot measure to tax California’s billionaires is drawing sharp reactions. Supporters call it a lifeline for ...

Proposed California ballot initiative would impose a one-time 5% tax on billionaires, with the revenue funneled toward health ...

Voters may weigh a one-time 5% tax on Californians worth $1B+. SEIU backs it; Newsom opposes; tech titans warn they could ...

Critics warn the latest proposed tax on the ultrawealthy could trigger a wealth exodus and cause a chilling effect on startup ...

California's deficit is projected to reach nearly $18 billion next year, as spending is expected to offset, if not eclipse, ...

The state’s own Attorney General Rob Bonta wants to make sure taxpayers understand the long term impact of a “2026 ...

The mayor of the Bay Area’s largest cities is hitting out at a proposed billionaire tax that’s already got some of the ...

Billionaires like Google co-founder Larry Page and venture capitalist Peter Thiel are reportedly leaving California because ...

The union-backed “billionaire tax” aims to raise $100 billion over five years to backfill federal cuts to health care in ...

California’s plan to impose a 5% wealth tax on residents worth more than $1B has drawn criticism from crypto executives ...

SACRAMENTO, Calif. — A proposal to impose a one-time wealth tax on California billionaires is fueling an increasingly heated ...