However, Sen. Bernie Sanders (I-Vt.) and Rep. Ro Khanna (D-Fremont) have backed the wealth tax proposal, and Californians ...

This will cause a ripple effect on business, philanthropy and a further exodus of capital to friendlier states.” ...

There is broad public support for taxing wealth. Governments need money, the rich are richer than ever and, at a time of ...

Microsoft is a lower-risk investment with plenty of upside potential.

AI chip startup Etched.ai has reportedly raised $500 million in a funding round that was led by investment firm Stripes and ...

Industry leaders long critical of San Francisco have fueled an online campaign against a proposed billionaire tax, prompting some of California’s richest to relocate.

The proposed California billionaire tax promises $100B—but critics warn legal flaws, design risks, and billionaire exits ...

New York Mayor Zohran Mamdani said fears of a wealthy exodus from higher taxes are misplaced, arguing that rising childcare ...

While taxing them may feel cathartic to some, it’s neither a smart nor a sustainable solution to California’s debt and ...

In simple terms, it suggests that raising tax rates beyond a certain point can decrease revenue by disincentivizing work and ...

The Democratic representative plans to introduce a bill halting subsidies and tax advantages for the super-rich ...

THE “billionaires’ decade.” That is how charity Oxfam describes the 2020s, having published research pointing to the extreme ...