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

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

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

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

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

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 ...

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.

Rep. Ro Khanna (D-Calif.) has stood firm in his support for a billionaire tax, despite threats from some of the state’s ...

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