Billionaire Chamath Palihapitiya warns California's billionaire tax could hit the middle class with penalties for undervaluing what they own

The proposed tax has made it one step closer to going to ballot in November by collecting enough petition signatures.

Sneaky billionaire tax clause could eventually target middle class taxpayers, business group warns

California’s controversial billionaire tax could eventually hit more than just the people at the top of the financial food ...

Billionaire's firm slams Mamdani over rich tax: Who is Ken Griffin?

Citadel responded to Mamdani's usage of the CEO's penthouse in the mayor's new tax the rich video.
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California’s billionaire tax doesn’t include homes—here’s how much wealthy residents like Mark Zuckerberg could save by making key change

California's billionaire tax would see its wealthiest residents forced to pay a 5% levy—but that doesn't have to include ...

California’s billionaire tax gamble — insiders warn of fallout no one is talking about

The proposed “2026 Billionaire Tax Act” could generate short-term revenue but lead to significant long-term economic losses ...