California is the test. The fight over the California billionaire wealth tax ballot initiative has been covered largely as a state tax and budget issue, but that is too narrow a lens. At its core, this fight over the health…
The midterms will shape our future. HuffPost holds power accountable. Become a member to keep independent journalism strong. The deal allows Zuckerberg to pay a potentially huge billionaire tax that is on the ballot in California without losing his ownership…
On November 3, 2026, California voters will vote on Proposition 40, a one-time 5 percent levy on the net worth of billionaires who were California residents on January 1, 2026. Ninety percent of the revenue would fund health care programs, with the remainder set aside for…
Institute on Taxation and Economic Policy State Rundown 10/22: Despite Obstacles, Progressive Taxes Define 2026 As more states move to raise revenue and tax the rich, anti-tax lobbyists and lawmakers are hard at work to undo that progress. In the latest iteration:…
Institute on Taxation and Economic Policy MarketWatch: It’s Not Just California’s Billionaire Tax. Wealth Is on the Ballot in the Midterm Elections Several states are dealing with ballot measures tied to taxing the rich — and there may be even more…
It would be the first of its kind in the country — and set a new benchmark for other states. Californians are set to vote on a ballot measure that could mark a tipping point in the fight to tax the…
Sanders calls the one-time 5% levy the most important ballot measure in the country as California votes on November 3 AMY GOODMAN: This is Democracy Now!, democracynow.org, The War and Peace Report. I’m Amy Goodman, with Juan González. Prop 40 has drawn…
JPMorgan Chase chairman and CEO Jamie Dimon gestures as he speaks during the World Economic Forum (WEF) annual meeting in Davos on January 21, 2026. Will powerful banks, corporations, and the ultrarich double down on authoritarianism and runaway inequality? Or will they…
Scott Kirby, CEO of United Airlines, Image via Screengrab / YouTube. Even as President Donald Trump tries to keep Republicans in control of Congress by offering voters $5,000 if they win, his fellow conservatives are denouncing a business leader for advocating the…
The constitutional amendments on North Carolinians’ ballot on November 3 promise to lower taxes. They are really about a tax break for the wealthy — not for you, the author writes. The North Carolina General Assembly laid down a challenge to North…
Taxing wealth: wealth taxes, millionaires' and billionaires' taxes, state tax fights, loopholes and corporate tax rates.
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