California Democrats are split over a state proposal, championed by Sen. Bernie Sanders (I-Vt.), to tax the state’s richest residents ahead of the November midterm elections, potentially thwarting any ...
Last week, the state’s Legislative Analyst’s Office released its initial description of the “2026 Billionaire Tax Act,” a one-time, 5 percent tax on these individuals’ net wealth. Its conclusions ...
A proposed billionaire wealth tax in California is sparking debate over whether the measure, if passed, would lead to more harm than good if ultrawealthy residents in the state flee to other locales.
The proposal calls for expanding prescription drug coverage to treat perimenopause, menopause, and postmenopause symptoms. It ...