Silicon Valley's congressman is facing a revolt from some of his wealthiest constituents, and even could get primaried. Why ...

Proposed California ballot initiative would impose a one-time 5% tax on billionaires, with the revenue funneled toward health ...

Voters may weigh a one-time 5% tax on Californians worth $1B+. SEIU backs it; Newsom opposes; tech titans warn they could ...

The proposed California tax on billionaires is unlike anything that’s passed before.

Economists say a tax on California's wealthiest residents could be the only way to pay for needed healthcare services in the ...

Hedge-fund manager Bill Ackman is among the billionaires who have taken issue with the proposal’s idea of taxing the ...

Critics warn the latest proposed tax on the ultrawealthy could trigger a wealth exodus and cause a chilling effect on startup ...

A one-time billionaire wealth tax won’t trigger an exodus—decades of economic evidence show that exit is rare.

Billionaires like Google co-founder Larry Page and venture capitalist Peter Thiel are reportedly leaving California because ...

The proposal would impose a 5% tax on California residents’ assets that are worth more than $1 billion. Billionaires in the ...

A proposed billionaire tax in California has received mixed reviews among the state’s elite and politicians. The one-time 5% ...

Silicon Valley tech founders threaten to leave California over proposed 5% wealth tax on billionaires. The controversial ...