Reid Hoffman, a prominent Democratic donor, said the proposed tax is "badly designed" and contains "massive flaws." ...

California’s Legislative Analyst’s Office foresaw something of a billionaire exodus when it considered the wealth tax in ...

Nvidia CEO Jensen Huang has an estimated net worth of $166 billion, according to Forbes. A 5% tax on those assets would ...

Larry Page is reportedly moving assets out of California over concern the state will vote in a tax on billionaires.

California billionaires like Larry Page and Larry Ellison are making business and real estate moves ahead of a proposed 5% ...

Larry Ellison and Larry Page have taken concrete steps to move key business entities out of California as labor groups race ...

California residents worth over $1 billion would be subject to a five percent tax imposed on their net worths, not incomes, ...

The left seems to hate rich people and always wants to tax them relentlessly. I can't wrap my head around this.

A proposed ballot measure to tax California’s billionaires is drawing sharp reactions. Supporters call it a lifeline for ...

The organizers behind the effort of a billionaire tax will start to gather signatures this week needed to put the measure on ...

Fox News @ Night’ panelists discuss calls for investigation into alleged fraud in California and the consequences of the ...

The proposal has sparked outrage from other ultrawealthy residents, who warned of an exodus from the state.