Taxes June 26, 2026
Controversial Billionaire Tax Will Appear on November Ballot in California
A one-time 5% tax on California billionaires’ assets is headed to the November ballot, pitched as a way to backfill Trump administration healthcare cuts.
Taxes June 18, 2026
Controversial California Billionaire Tax Proposal Declared Eligible for the November Ballot
A proposal to tax California billionaires to fund healthcare has tentatively qualified for the November ballot, setting the stage for a more intense and expensive battle over whether the state should squeeze the ultra-rich.
Taxes June 15, 2026
Are Wealthy Washington Residents Really Mulling Out-of-State Moves Due to New Tax?
Washington’s controversial new income tax on high earners has spurred warnings from some of a looming wealth exodus.
Taxes May 29, 2026
Tax the Rich, DeSantis Suggests to Florida Counties Worried About His Property Tax Plan
Florida Gov. Ron DeSantis doubled down on his plan to phase out property taxes on homeowners’ primary residences, saying local governments should turn to uber-wealthy landowners to shore up their budgets from the lost revenue.
Taxes May 28, 2026
Governor Promises to ‘Veto Any Attempt’ to Drop Threshold on Washington Millionaires Tax
Gov. Bob Ferguson on Wednesday vowed to never lower the $1 million threshold on Washington’s controversial new income tax on high earners.
Taxes May 27, 2026
Massachusetts Reels in $3.1 Billion From Millionaires’ Tax
Beacon Hill budget writers say revenue from the millionaires’ tax continues to surpass projections, which proponents claim is another sign wealthy households aren’t fleeing for other states to avoid the levy.
Taxes May 21, 2026
Bottom Half of Earners Should Pay Zero in Income Taxes, Bezos Says
Speaking with CNBC’s Andrew Ross Sorkin on “Squawk Box,” Jeff Bezos said the top 1% of taxpayers pay about 40% of all tax revenue while the bottom half pay 3%.
Payroll May 14, 2026
Stealth Wealth: Why Some High Earners Keep Their Money Under Wraps
Living below your means while quietly building a fortune has its benefits—and some drawbacks.
Taxes May 13, 2026
Foes of Washington ‘Millionaires Tax’ Launch Repeal Initiative
Let's Go Washington, the conservative group leading the anti-tax charge, will need to gather 308,911 signatures from voters by July 2 to qualify for the November ballot.
Taxes May 11, 2026
New York Gov. Hochul Says Deal on State Budget Includes NYC Pied-à-Terre Tax
Gov. Kathy Hochul announced a handshake deal Thursday on a $268 billion state budget that includes a controversial pied-à-terre tax on second homes in New York City aimed at bringing more money to city coffers.
Taxes May 8, 2026
Will the ‘Millionaires Tax’ Hurt Seattle Sports? It’s Complicated
A higher state income tax could add a layer of uncertainty and complexity to how Seattle sports teams handle free agency.
Taxes May 6, 2026
Ken Griffin Says He’s Doubling Down on Miami Amid Mamdani Feud Over Pied-à-Terre Tax
Ken Griffin said he plans to make Citadel’s Miami tower even bigger after New York Mayor Zohran Mamdani name-checked the billionaire in his pledge to charge more taxes on second homes.