Taxes September 24, 2026
California billionaires saw their net worth rise roughly 25%, or $432 billion, in less than two years, according to a new analysis by progressive groups backing the Proposition 40 billionaire wealth tax.
Taxes September 23, 2026
The success of Prop. 40 hinges on not just its ability to get majority support—it also must surpass the number of yes votes Propositions 41 and 42 receive if either of those measures also pass.
Taxes September 15, 2026
Dave Regan is accused of trying to "extort” other labor leaders in Service Employees International Union California state council in a bid to win support for the measure.
Taxes September 15, 2026
Washington state’s refusal to levy personal income has made its tax code an outlier for more than 90 years.
Taxes September 9, 2026
Come November, Cook County voters will take the first step in deciding whether a 3% tax should get tacked on to million-dollar incomes, but the question should particularly resonate in some North Shore towns due to their wealth.
Taxes September 1, 2026
California's billionaire tax proposal is splintering the state's Democratic Party, with party leaders opposing the wealth tax even as voters, and especially young voters, appear eager to increase taxes on the rich.
Taxes August 27, 2026
Two prominent California civil rights groups and the San Francisco Democratic Party have come out against Proposition 40, a proposed one-time, 5% tax on billionaires meant to fund healthcare services.
State CPA Societies August 26, 2026
The association representing California's CPA profession said Tuesday that it opposes a November ballot measure that would impose a one-time tax on billionaires to help fund healthcare programs in the state.
Taxes August 17, 2026
Cuban lashed out at Silicon Valley Congressman Ro Khanna over the Democratic lawmaker’s proposal that the government should lend money to billionaires with large paper fortunes to help them pay wealth taxes.
Taxes August 14, 2026
California voters are sharply divided over a ballot measure to impose a one-time tax on billionaires to help fund healthcare programs, according to a poll released Friday.
Taxes August 14, 2026
Google co-founder Sergey Brin has poured $102 million this year into Building a Better California, a group that's funding two ballot measures that could block a billionaire tax.
Taxes August 14, 2026
The judge said it is constitutional for Washington ballots to include information about how a repeal of the high-income earners' tax would impact the state budget.