State policymakers should raise revenue to mitigate the harm to people and communities caused by federal actions and to ...
Jacobin on MSN
The year of the billionaire tax
In 2025 alone, the six richest men in the country (and world) became $476 billion richer. During that year, the Trump regime cut back Medicaid — the federal medical assistance program relied on by ...
A proposed wealth tax has pitted Democrat against Democrat in California. The initiative, which a health care worker union ...
The Daily Overview on MSN
Newsom slams California wealth tax as billionaires rush cash out of state
California is suddenly watching a tax debate turn into a capital flight story. As a proposed levy on billionaire wealth gains ...
Opponents of California’s proposed 2026 Billionaire Wealth Tax Act repeat a familiar warning: tax the wealthy and they will leave. The claim has rhetorical force; it makes sense on the surface — don’t ...
The proposed wealth tax may end up lowering tax revenue for California by driving billionaires out of the state.
Most cash-strapped Western states face massive public investment needs over the coming decade, spanning infrastructure, defence and the green transition. Cutting spending will not be enough. And to ...
This is read by an automated voice. Please report any issues or inconsistencies here. California is home to more billionaires than any other state. It’s time to raise their taxes. That shrill, ...
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