California's controversial wealth tax proposal leaves billionaires with little way out
The Billionaire Tax Act would impose a one-time tax of 5% on the total wealth of California tax residents whose net worth is $1 billion or more.
Last updated: 2026-01-08 17:14:11 ET
The Billionaire Tax Act would impose a one-time tax of 5% on the total wealth of California tax residents whose net worth is $1 billion or more.
'Only way to ensure full transparency'
The hospitality industry had called for a rethink of planned changes to the way the tax based on property is calculated.
U.S. forces on Wednesday seized two oil tankers, one in the North Atlantic and the other in the Caribbean, as part of the Trump administration's block...
Farmers have driven about a hundred tractors into Paris to protest European negotiations over a free trade deal with South American nations, according...
The best way to win on prediction markets: insider information
Vacationers should take their time to ease into their holidays, plan ahead, and focus on experiences instead of cramming activities or being interrupt...
Ford says the new generation of BlueCruise will be 30% cheaper to build than the current technology.
Right now in the AI world, there are a lot of percolating ideas and experimentation. But as far as Replit CEO Amjad Masad is concerned, they're just "...
DAT’s purchase of Convoy’s tech stack has its first big partner: AscendTMS. The post 3-way combo emerges for digital load matching: DAT, AscendTMS...