Wealth tax criticized by billionaires and Gavin Newsom would levy a one-time 5% tax on residents worth over $1bn
A controversial proposal in California to impose a wealth tax on billionaires has gaine…
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2026 › June › 18
California
34 days ago
Showdown in the desert: the small town fending off a new California gold rush ⊖
A prospecting company’s search for gold has the town of Lone Pine and Indigenous leaders on edge, as the Trump administration green lights new projects across the American west
Lone Pine, population 1…
California’s counting on an IPO tax windfall. Several factors are complicating the equation ○
found
The IPOs of SpaceX, OpenAI and Anthropic could create a tax windfall for the state of California. But experts say the revenue impact may be blunted.
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