Believe it or not, even the people with private islands are starting to feel the pinch. While we’re all worried about the ...

Foreign-born billionaire Peter Thiel is hinting that he might be ready to cut ties with California, and it’s not because he no longer enjoys the sunshine; it’s about taxes. A new ballot initiative, ...

Calls to abolish billionaires, or at least curb their growth, have gained traction across many capitals in the West, where extreme wealth has risen to unprecedented levels. Elon Musk’s pay award of a ...

California has a lot of billionaires, more than any other state and more than most countries. So a proposed wealth tax on its billionaires could be a windfall, if they stick around. Under the ...

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