So, should taxing real estate be supplemented by tapping other assets of the state’s billionaires? Voters may decide this ...

Across the nation, states are fiercely competing for companies and population by slashing taxes. New York Gov. Kathy Hochul ...

Here’s what to know about California’s potential new tax on billionaires. A large labor union representing health care ...

California’s proposed billionaire tax is fueling capital flight, raising concerns over the state’s budget, tax base and ...

Here is a list of some of the billionaires who've made moves to leave California.

Craft Ventures, the firm Sacks cofounded, previously announced that he had moved to the Austin area.

Kara Swisher, a journalist known for extremely negative coverage of tech figures like Elon Musk, is really, really mad that ...

Sacks, who who left California for Texas, called out Gov. Gavin Newsom for his delayed opposition to the bill.

The focus on the state's richest residents comes amid a growing affordability crisis in California, home to the nation's most ...

The proposal is a problem for the governor’s presidential ambitions. So he’s trying to cut a deal to keep it off the ballot.

A proposed tax on California billionaires has ignited backlash in Silicon Valley and a fierce political fight over wealth, ...