Proposition 40
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Lifestyle
Prop 40 Wealth Tax Battle Splits California Labor Ahead of Vote
A rare fracture within organized labor has become the defining fault line in California’s Proposition 40 campaign, transforming what backers…
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Business
Sergey Brin Leads $187M Fight Against California Wealth Tax Prop 40
Google cofounder Sergey Brin has contributed $102 million to defeat Proposition 40, a November ballot measure that would impose a…
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Lifestyle
California Proposition 42: Wealth Tax Ban and Conflict with Billionaire Measure Explained
California voters face a pivotal decision on asset taxation this November as Proposition 42 seeks to constitutionally prohibit new state…
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Business
California Billionaire Tax Support Slips as Luxury Real Estate Market Stalls
Support for California’s Proposition 40, a proposed one-time wealth tax targeting residents with assets exceeding $1 billion, has fallen below…
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Lifestyle
California Proposition 40: Inside the $100 Billion Billionaire Wealth Tax on the November Ballot
A one-time 5% levy on the net worth of California’s roughly 250 billionaires heads to voters this November as Proposition…
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Business
California’s Billionaire Tax Fight Puts Silicon Valley on the Ballot
SACRAMENTO, Calif. — Proposition 40 would impose a one-time 5% levy on California residents with a net worth exceeding $1…
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Business
California’s Billionaire Tax Puts Its Wealthiest Residents on the Ballot
California’s highly progressive personal income tax makes the state budget especially sensitive to economic downturns and the migration of high-net-worth…
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Business
Billionaires Leave High-Tax States as Florida’s Wealth Hubs Surge
MIAMI — Florida’s constitutional ban on personal income, capital gains, and wealth taxes is drawing billionaires away from states pursuing…
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