This billionaire tax proposal hasn't made it to the ballot but it is already redefining California's economy.

The measure would impose a one-time, 5% tax on the state's roughly 200 billionaires to fund public programs.

California’s fight over taxes and regulation is colliding with a broader economic shift, as wealthy residents and entrepreneurs take their money elsewhere — delivering a windfall of capital, jobs and ...

Supporters of a controversial California proposal to implement a one-time tax on billionaires say they have enough signatures to qualify it for the November ballot.

California Gov. Gavin Newsom said it's unfair how some people avoid paying the state sales tax when buying software.

Gavin Newsom on Thursday began unveiling his final proposed state spending plan as California governor. Newsom’s budget ...

If you cannot pay your outstanding California taxes in one lump sum, the Golden State may have a solution for you. The ...

It’s a valid argument that the most prosperous Americans should kick in more to the federal government, particularly after ...

If this ballot initiative passes in November 2026, then California’s billionaire exodus will continue, followed by the ...