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I represent Silicon Valley. Here's why I support taxing its billionaires.
3+ hour, 45+ min ago (253+ words) Meta posted $56. 31 billion in first-quarter revenue, beat every analyst estimate on Wall Street and is coming off a record-breaking 2025 that brought in $201 billion. And just two weeks ago, it began laying off 10% of its employees " roughly 8, 000 workers, many of them…...
Billionaires tax" qualified for ballot: What to know
1+ hour, 56+ min ago (671+ words) A union wants California's billionaires to rescue the state's health'care system. The billionaires have other ideas." On'Wednesday, an initiative to tax the state's wealthiest residents qualified for the ballot, according to the secretary of'state's'office, which verifies petition signatures.' Gov. Gavin…...
Lee: I represent Silicon Valley. Here's why I support taxing its billionaires.
2+ hour, 59+ min ago (253+ words) Meta posted $56. 31 billion in first-quarter revenue, beat every analyst estimate on Wall Street and is coming off a record-breaking 2025 that brought in $201 billion. And just two weeks ago, it began laying off 10% of its employees " roughly 8, 000 workers, many of them…...
Tax the rich? California voters will decide in November; other states could follow
2+ hour, 24+ min ago (855+ words) The anti-billionaire movement has taken hold in California, where voters provided enough signatures to force a landmark ballot initiative that would levy a one-time, 5% tax on the state's richest residents. Come November, California voters will get a chance to decide…...
Edsource: California Teachers Association Opposes One-Time Billionaire Tax
8+ hour, 54+ min ago (140+ words) SFGATE The California Teachers Association, the state's largest teachers union, opposes a measure on the November ballot that would impose a one-time tax on the state's billionaires. "After thorough review and democratic debate about the Billionaire Tax Act, our State…...
Griffin calls on New York businesses to "fight for their city
6+ hour, 2+ min ago (459+ words) Kenneth C. Griffin speaks at TIME100 Impact Dinner: Leaders Shaping the Future of Philanthropy at ASPIRE at One World Observatory on May 22, 2025 in New York City. NEW YORK (BLOOMBERG) " While New Yorkers gathered in the Canyon of Heroes to celebrate the Knicks,…...
The Billionaire Tax Compromise That Could Reshape California Politics Forever
10+ hour, 56+ min ago (630+ words) Business " By Tyler Brooks A high-stakes gamble is unfolding in the corridors of California politics. In a dramatic eleventh-hour maneuver, the architects behind a controversial ballot initiative to tax the state's wealthiest individuals have signaled their willingness to back down....
How taxes contribute to wealth gap | READER COMMENTARY
5+ hour, 51+ min ago (102+ words) Baltimore Sun New invasive predator is becoming a growing presence in Florida Everglades Baltimore's Confederate monuments are back. No one is saying where they are. Wonder coming to Eldersburg Commons in first Carroll County expansion Police identify suspect in fatal…...
Book of the Week " Tax Prof Blog
6+ hour, 15+ min ago (195+ words) In Gerontocracy in America, Samuel Moyn, Chancellor Kent Professor of Law and History at Yale, brings us a timely and insightful analysis of how older Americans have gathered and retained wealth and power at the potential expense of creating opportunities…...
Opinion: Will a California billionaire tax actually go to voters?
6+ hour, 15+ min ago (713+ words) Our summer crowdfunding campaign has begun! Every dollar powers reliable news in your neighobrhood. Early 20th century political reformers such as Hiram Johnson saw'the initiative process" placing measures on the ballot for voters to decide " as an antidote to a Legislature…...