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

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

It’s likely easier to talk about rich people fleeing the state than it is to see the long-term consequences of hollowing out ...

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

The battle over a proposal to tax billionaires to fund healthcare and other essential services is expected to intensify after supporters said they've gathered enough signatures to qualify for the ...

Editor's note: This is part 3 of our series asking California gubernatorial candidates how they would address our state's ...

California's potential adoption of a one-time 5 percent "billionaire tax" on the net worth of high-value individuals is already sending wealthy residents fleeing for the exits. By one estimate, at ...

I’m at Best Buy often, and I’m paying sales tax on a lot of this pre-written software," said Gov. Gavin Newsom.

A key architect of California’s controversial billionaire tax acknowledged this week that the proposed one-time levy may end ...

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

NEW YORK, NEW YORK - APRIL 15: People protest on tax day calling for billionaires to pay more tax on April 15, 2025 in New York City. Activists suggested a 90% wealth tax to guarantee universal ...

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