The proposed California billionaire tax promises $100B—but critics warn legal flaws, design risks, and billionaire exits ...

California’s plan to impose a one-time wealth tax on its richest residents has sparked warnings from prominent billionaires, who argue the measure could drive them out of the state and shrink tax ...

If it implements a planned 5-percent on billionaires, California should get used to the sight of moving vans leaving the ...

Sergey Brin donated $20 million to a new political drive aimed at solving California’s housing crisis, spurring other billionaires to pitch in. Their efforts may also help ward off a wealth tax.

A proposed wealth tax has pitted Democrat against Democrat in California. The initiative, which a health care worker union ...

California's proposal to impose a wealth tax on its richest residents has drawn criticism from several prominent billionaires, who argue the measure could prompt high earners to relocate rather than ...

Add Yahoo as a preferred source to see more of our stories on Google. Protesters march past a Waymo autonomous vehicle during a "People Over Billionaires" protest in the Pacific Heights neighborhood ...

Sen. Grohoski, Rep. Sayre, and members of the Taxation Committee, thank you for the opportunity to submit this testimony in ...

A new poll out this week suggests California’s big idea to slap a one-time tax on billionaires is far from a slam dunk, with ...

The ultrarich are leaving California as a result of a proposed billionaire tax. "Eat the rich" may be a popular rallying cry, but it's not viable public policy. The measure would create a Billionaire ...

The 2020s have been “a good decade for billionaires”, according to Oxfam’s annual report on global wealth inequality. It’s ...