As Peter Thiel and other fat cats threaten to flee California over a billionaire tax, Khanna is calling their bluff.

The proposal, which could be put to state voters in November, is a novel bid to extract more from the state’s ultra-wealthy, ...

The proposed wealth tax may end up lowering tax revenue for California by driving billionaires out of the state.

SAN FRANCISCO (KGO) -- A proposal to tax billionaires in California could raise up to $100 billion to close the gap on federal health care cuts. U.S. Senator Bernie Sanders is now backing the campaign ...

Hollywood has cut back dramatically on diversity programs this year under MAGA pressure, but there’s a little bit of something for almost everyone in the latest round of California tax incentives for ...

The California Film Commission unveiled a list of 17 TV productions approved in the second round of applications for the state’s expanded tax credit program on Thursday. The list includes Amazon’s ...

There are more than 200 billionaires in California. Now, Golden State labor leaders are pushing for tax on that wealth to help pay for education and Medicaid funding shortfalls. California lawmakers ...

California’s reputation as a hub for innovation and entrepreneurship may soon collide with an ambitious new tax proposal. Initiative 25-0024, known as the 2026 Billionaire Tax Act, would levy a ...

SACRAMENTO — A major union announced a proposal Thursday to impose a one-time 5% tax on billionaires in California to address federal funding cuts to health care for low-income people. Related ...

California billionaires would face a one-time 5% tax on their wealth through a ballot initiative that advocates say could bring in about $100 billion to cover state healthcare costs. The proposed levy ...

A video obtained by Politico and released Wednesday shows California Democratic gubernatorial candidate Katie Porter berating a staffer during a 2021 video call after stepping into her shot. In the ...