California could impose a billionaire tax. Here's how it would work and where the money would go.

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

Yes, California should tax billionaires’ wealth. Here’s why

Switzerland’s wealth tax is by far the oldest, having been enacted in 1840. It’s levied annually by individual cantons on all ...

Wealth tax threat prompts at least six billionaires to cut ties with California, as about 20 more mull exit: report

David Lesperance told Bloomberg he personally helped four billionaires sever California residency before the proposal’s Jan.
The Daily Overview on MSN

California's billionaire tax explained: What it would hit

California is testing a radical idea in tax policy: instead of waiting for billionaires to sell stock or cash out, the state ...

California 'billionaire tax' would levy 5% on fortunes in 2027

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

California tax filing season begins with scam warnings, credit reminders

The Franchise Tax Board said filing early can help taxpayers claim credits and avoid scams that often pop up this time of ...

California’s controversial new tax proposal triggers billionaire backlash

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

Is California actually putting a new tax on billionaires?

Healthcare labor group SEIU-United Healthcare Workers West has filed a proposed ballot initiative that would impose a ...
The American Bazaar

Billionaire tax backlash? Why Google founders are quitting California

Google founders Sergey Brin and Larry Page may not be feeling too welcome in the state of California. As per a California ...