OPINION: A prospective voter initiative would impose a one-time, 5% tax on the assets of California billionaires. We asked ...

A proposed tax on extreme wealth in California is moving closer to voters. Here's what it means for high earners and others ...

The tax, proposed by the Service Employees International Union-United Healthcare Workers West, would impose a one-time, 5% ...

The richest Californians are worried a controversial proposal to levy a one-time tax on their wealth might actually take more of their net worth than intended. The text of the proposed ballot measure ...

California's "Billionaire Tax" referendum has a provision that would allow the legislature to go after more than billionaires ...

California’s proposed wealth tax hasn’t technically made it onto the ballot yet, and already the state’s three wealthiest taxpayers have publicly announced their departures. With just these three ...

The battle over a proposal to tax billionaires to fund healthcare and other essential services is expected to intensify after ...

California’s 2026 Billionaire Tax Act (Initiative No. 25-0024) is a citizen-led ballot measure, sponsored by SEIU-United ...

Billionaire investment guru Ray Dalio is warning that the California billionaire tax isn’t the answer to inequality — issuing ...

The idea that the richest people in the United States should pay more in taxes is becoming increasingly popular among voters.

Billionaires worth a combined $1 trillion, including Brin, have fled California as a wealth tax inches closer to the ballot.

California’s billionaire tax has sparked an exodus of some of the state’s wealthiest residents. But for those who remain, ...