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 ...

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

Khanna dismisses warnings from tech elites, saying a modest billionaire tax would strengthen democracy, fund healthcare, and ...

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

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

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

Ro Khanna defends a proposed billionaire tax amid warnings from wealthy residents, including Peter Thiel, that they might ...

The political instrument involved here is not a technocratic and nuanced change to the tax code that happens to tax ...

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

California may soon witnesses an exodus of some of its most prominent tech billionaires. As reported by New York Times, ...

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