5 h. ago Thiel Gives $3 Million to Group Seeking to Block California Wealth Tax

More large donations from wealthy Silicon Valley figures are expected as they try to marshal opposition to a proposed ballot measure that would impose a new tax on billionaires.

Economics

54 h. ago Silicon Valley Billionaires Panic Over California’s Proposed Wealth Tax

Larry Page’s apparent Florida move highlights how seriously the ultra-rich are taking a one-time tax aimed at extreme wealth inequality.

Economics

3 d. ago Watch: San Jose Mayor Matt Mahan explains opposition to proposed wealth tax in California

Watch: San Jose Mayor Matt Mahan explains opposition to proposed wealth tax in California  CBS News

Politics

3 d. ago Commentary: Yes, California should tax billionaires' wealth. Here's why

Commentary: Yes, California should tax billionaires' wealth. Here's why  Los Angeles Times

Economics

4 d. ago California Tech Executives Plot Against Rep. Ro Khanna Over Support of Wealth Tax

It’s hard right now to be a progressive Democrat in the heart of America’s tech industry.

Politics

4 d. ago Google Cofounder Larry Page Relocates Business Interests Out of California Before Proposed Wealth Tax Deadline

Google cofounder Larry Page has officially moved multiple business entities out of California, completing the transfers before a year-end deadline related to a proposed billionaire wealth tax in the state. Page is currently the second-richest person in the world. The post Google Cofounder Larry Page Relocates Business Interests Out of California Before Proposed Wealth Tax Deadline appeared first on Breitbart.

Economics

1 week ago Tech Founders Slam Proposed California Wealth Tax, Warn of Potential Exodus

A proposed wealth tax targeting billionaires in California has sparked intense pushback from tech founders in the state, with some preparing to leave if the tax becomes law. Prominent conservative tech entrepreneur Palmer Luckey explains, "One market correction, nationalization event, or prohibition of divestiture (not at all uncommon during wartime) and I am screwed for life." The post Tech Founders Slam Proposed California Wealth Tax, Warn of Potential Exodus appeared first on Breitbart.

Events

1 week ago Who would a California wealth tax impact? Here’s a list of the state’s billionaires

Who would a California wealth tax impact? Here’s a list of the state’s billionaires  San Francisco Chronicle

Economics

2 w. ago A Wealth Tax Floated in California Has Billionaires Thinking of Leaving

It’s uncertain whether the proposal will reach the statewide ballot in November, but some billionaires like Peter Thiel and Larry Page may be unwilling to take the risk.

Economics