Indian-origin Democratic Congressman Ro Khanna who represents part of Silicon Valley doubled down on the proposed wealthy tax ...

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

Peter Thiel reportedly explored spending more time outside California and even opening an office for his Los Angeles-based ...

California is on a path to self-destruction,” wrote Bill Ackman, joining opposition to a tax proposal alongside Google’s ...

On Friday, hedge fund billionaire Bill Ackman sounded the alarm over California's economic future as reports suggest some of ...

It’s uncertain whether the proposal will reach the statewide ballot in November, but some billionaires like Peter Thiel and ...

Bill Ackman warned that California is driving itself toward economic decline amid a proposed billionaire wealth tax prompts.