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 ...

Economists say a tax on California's wealthiest residents could be the only way to pay for needed healthcare services in the ...

A proposed billionaire tax in California has received mixed reviews among the state’s elite and politicians. The one-time 5% ...

The proposal would impose a 5% tax on California residents’ assets that are worth more than $1 billion. Billionaires in the ...

Bill Ackman slams California's proposed billionaire wealth tax as "expropriation of private property" as tech moguls ...

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

Hedge-fund manager Bill Ackman is among the billionaires who have taken issue with the proposal’s idea of taxing the ...

Venture capitalist Chamath Palihapitiya says a proposed California billionaire tax is already driving ultra-wealthy residents ...

A proposal would levy a 5 percent tax on the net worth of all California billionaires, and Thiel appears to be voting with ...

Silicon Valley tech founders threaten to leave California over proposed 5% wealth tax on billionaires. The controversial ...

It’s uncertain whether the proposal will reach the statewide ballot in November, but some billionaires like Peter Thiel and ...