Sanders and Khanna’s 5% billionaire wealth tax promises trillions in revenue, but constitutional hurdles, valuation disputes, ...

Scores of people with enormous wealth are paying relatively little, if anything, in taxes. Billionaires — and those with ...

California appears to be on a path to create a one-time tax on billionaires. But that would be wrong. Spectacularly wrong. The notion of the state raising $100 billion by a one-time, 5% tax on ...

This is read by an automated voice. Please report any issues or inconsistencies here. When government grows to dominate ever-larger shares of the economy and when politicians refuse to be responsible ...

Proposal from Sen. Sanders exposes difference between paper wealth and real resources. The problem with government spending is that you have to pay for it. New programs often poll well when you tell ...

New estate tax rules and updated gifting limits give entrepreneurs fresh opportunities in 2026 to protect more wealth, reduce taxes and strengthen their financial legacy.

Despite Gov. Gavin Newsom vowing to fight the tax, the proposed measure is already driving an exodus of the state's ultrarich.

When government grows to dominate ever-larger shares of the economy, and when politicians refuse to be responsible about what they spend, there's a predictable next move: Insist that the problem is ...

California's proposal to impose a wealth tax on its richest residents has drawn criticism from several prominent billionaires, who argue the measure could prompt high earners to relocate rather than ...