Critics of California's proposed billionaire tax say similar measures in Europe failed. Backers of the measure say they took ...

Billionaire Tom Steyer came out in favor of a proposed tax on California’s wealthiest residents, adding a prominent voice to ...

GOING LONG: Defense tech upstart Anduril is dramatically expanding operations in California and committing to the state even ...

Proponents estimate the one-time wealth tax would generate $100 billion, most of which would fund health care. But critics ...

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

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

A proposed tax on billionaires, how a mysterious news site could influence California's election and more big stories.

Tech giants and venture capitalists are allegedly abandoning California for Miami as the state considers a massive new tax on ...

Venture capitalist Chamath Palihapitiya warns California lost $1 trillion as billionaires flee proposed wealth tax, ...

California's latest fight over how to tax extreme wealth has turned into a personal and ideological brawl between one of ...

California appears to be on a path to create a one-time tax on billionaires. But that would be wrong. Spectacularly wrong. The notion of the state raising ...

The organisation says billionaire fortunes have risen by 81% since 2020.