California’s 2026 Billionaire Tax Act sparks fierce debate over revenue, capital flight, and constitutionality. Will it raise ...

The Billionaire Tax Act would create a one-time 5% wealth tax for California residents whose net worth exceeds $1.1bn. The ...

Add Yahoo as a preferred source to see more of our stories on Google. Garry Tan, founder of Y Combinator, is worried a tax on California's billionaires would destroy the state's tech sector. (Pedro ...

A proposed wealth tax has pitted Democrat against Democrat in California. The initiative, which a health care worker union ...

Despite a boon from Trump's "big, beautiful bill,” billionaires faced higher prices last year for everything from racehorses to private jets to caviar. Bythe time the final gavel fell at last fall’s ...

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A proposed billionaire wealth tax in California is sparking debate over whether the measure, if passed, would lead to more harm than good if ultrawealthy residents in the state flee to other locales.

Google cofounder Larry Page is quietly reshaping his financial footprint just as California voters prepare to weigh a new levy on the ultra wealthy. Corporate filings and adviser accounts show Page ...

Add Yahoo as a preferred source to see more of our stories on Google. Peter Thiel, co-founder of PayPal, Palantir Technologies and Founders Fund, holds hundred dollar bills as he speaks during the ...

Just like past tech booms, the latest frenzy has produced a group of billionaires — at least on paper — from smaller start-ups. By Natallie Rocha Reporting from San Francisco The artificial ...