The proposed tax has made it one step closer to going to ballot in November by collecting enough petition signatures.

California’s proposed wealth tax hasn’t technically made it onto the ballot yet, and already the state’s three wealthiest taxpayers have publicly announced their departures. With just these three ...

Billionaires worth a combined $1 trillion, including Brin, have fled California as a wealth tax inches closer to the ballot.

“Good riddance.” That was the response from one California commentator when several billionaires announced plans to leave the Golden State late last year to avoid a proposed “billionaire tax.” The ...

More states are targeting high earners with additional taxes, while California considers a one-time billionaire tax.

A growing number of Americans are reconsidering where they live — not just for lifestyle reasons, but for financial ones. New IRS migration data reveal a clear pattern: billions of dollars in income ...

The labor union funding California’s Billionaire Tax Act initiative filed more than 1.5 million signatures on April 27, ...

You can check out anytime you like, but you can’t always leave the tax bill behind.

Sergey Brin may leave California as proposed wealth tax sparks billionaire backlash, relocation fears, and revenue debate.

California’s proposed “billionaire tax” will collect less than half of what is promised — with a net fiscal effect that will leave the state in worse shape. The state is attempting a crazy fiscal ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. This voice experience is generated by AI. Learn more. This voice ...

The ‘People over Billionaires’ march on Dec. 6 heads down Prospect Street in La Jolla in 2025. (Photo by Don Balch/Special to La Jolla Village News) This commentary was originally published by ...