billionaires

Taxes March 26, 2026 

Two new studies come to vastly different conclusions on the proposed 5% one-time tax on California's billionaires.

Taxes March 19, 2026 

A survey conducted by UC Berkeley and co-sponsored by the Los Angeles Times showed 52% of registered voters supported the billionaire's tax, while 33% said they opposed it. Fifteen percent were undecided.

Taxes March 12, 2026 

Billionaire Howard Schultz alluded to the business environment in Washington state, where a measure that’s been dubbed a “millionaires tax” came closer to final legislative approval this week.

Taxes March 11, 2026 

California voters are being urged to put a poison-pill effort on the November ballot that would nullify a controversial proposed tax on the state's billionaires.

Taxes March 4, 2026 

A new bill introduced in Congress would provide direct payments of $3,000 to millions of Americans. The payments would be funded through an extra tax on some of the country’s wealthiest people.

Taxes February 19, 2026 

Sen. Bernie Sanders on Wednesday formally kicked off the campaign to place a billionaires tax on the November ballot, framing the proposal as something larger than a debate about economic and tax policy.

Taxes February 18, 2026 

Rep. Kevin Kiley says he will introduce the "Keep Jobs in California Act of 2026" on Friday. The measure would prohibit any state from levying taxes retroactively on individuals who no longer live there.

Taxes February 10, 2026 

The independent senator from Vermont, who caucuses with Democrats in the nation's Capitol, will appear Feb. 18 to formally kick off the campaign to place a new tax on billionaires on California's November ballot.

Taxes January 30, 2026 

At a Bloomberg forum event in San Francisco, California Gov. Gavin Newsom said the proposed billionaire tax would ultimately degrade the state’s tax base as the ultrawealthy left the state.

Taxes January 26, 2026 

In the roiling debate over California's proposed billionaire tax, supporters and critics agree that such policies haven't always worked in the past. But the lessons they've drawn from that history are wildly different.

Taxes January 22, 2026 

The proposal is roiling some of the Bay Area’s havens for the ultra-wealthy and setting off a vitriolic political fight over how far the state should go to fund its health care system—and whether the super-rich will tolerate it.

Taxes January 21, 2026 

California cryptocurrency startup BitGo has moved to South Dakota ahead of its initial public offering and amid a heated debate about a proposed ballot measure to tax billionaires.