Under the proposed " 2026 Billionaire Tax Act ," any California resident whose net worth exceeds $1 billion calculated as of ...

Here’s what to know about California’s potential new tax on billionaires. A large labor union representing health care ...

However, Sen. Bernie Sanders (I-Vt.) and Rep. Ro Khanna (D-Fremont) have backed the wealth tax proposal, and Californians ...

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Reluctantly, though, I must agree with the California Governor Gavin Newsom, a leading contender for the Democrats’ 2028 presidential nomination, that the 2026 California Billionaire Tax Act is not a ...

A California labor union’s proposal for a state wealth tax on billionaires has ignited debate on how many superrich would leave the state. A bigger question is whether the tax would discourage future ...

A proposed billionaire wealth tax in California is sparking debate over whether the measure, if passed, would lead to more harm than good if ultrawealthy residents in the state flee to other locales.

This is read by an automated voice. Please report any issues or inconsistencies here. A proposed one-time 5% wealth tax on billionaires could raise $100 billion for healthcare while threatening to ...

What would Democrats in Sacramento do if they didn’t have billionaires to pay their bills? The prospect is suddenly occurring to Gov. Gavin Newsom as a union-backed referendum for a wealth tax risks ...

Thiel Capital opened a new Miami office amid California's proposed wealth tax debate. Peter Thiel, who founded Thiel Capital, bought a home in the area in 2020. A healthcare workers' union floated a 5 ...