1 day ago · Peter Thiel, a tech venture capitalist, could face a tax bill of more than $1.2 billion if the proposed wealth tax is placed on the California ballot and approved by voters.

19 hours ago · Topline A ballot measure that could tax the wealthiest people in California may reportedly push billionaires Larry Page and Peter Thiel to leave the state, while other wealthy …

4 days ago · In January, a California health care workers’ union will begin collecting signatures for a billionaire tax, which would enforce a one-time, 5% tax on the assets of Californians with a …

17 hours ago · The proposal calls for California residents worth more than $1 billion to pay a one-time tax equivalent to 5% of their assets.

California could be saying bye-bye to billions in tax revenue if voters approve a controversial wealth tax on the state’s roughly 200 billionaires. Ultra-wealthy taxpayers are actively making ...

22 hours ago · There’s a proposal making the rounds in California to levy a 5 percent wealth tax on anyone worth more than $1 billion. The proposal isn’t guaranteed to make it to the ballot …

2 days ago · Why this tax has nerves jangling California is home to roughly 200 billionaires, more than any other state. That concentration is exactly why supporters argue the tax could raise …