The proposed “2026 Billionaire Tax Act" would impose a one-time 5% tax on California billionaires’ net worth to replace ...

California’s richest residents could be slapped with a one-time 5% tax on their net worth if a new law makes it onto the ...

California Assemblymember Alex Lee and Senator Nancy Skinner introduced AB 259 in February 2024, proposing a 5% annual tax on ...

Proponents have filed a California ballot initiative proposing a one-time wealth tax on individuals with more than $1 billion ...

Reed Hastings, Netflix co-founder, at about $6 billion. Patrick and John Collison, Stripe founders, each estimated near $10 ...

The California State Assembly unanimously voted on Monday to halt a slated 25% tax increase on the cannabis industry from going into effect on July 1. In a 74-0 vote, the Assembly approved AB564 by ...

The 5 new municipal bond ETFs offer investors diversified, tax-free income options amid rising demand for tax-efficient yield ...

SANTA ANA, California -- The California Franchise Tax Board says a technical glitch error resulted in thousands of possibly incorrect refunds. As the FTB worked to ...

As tensions escalate between California and the Trump administration over immigration, another potential battlefront is emerging over taxes. A donor state is one that provides more in taxes to the ...

The latest round of movie and TV tax credits is projected to keep thousands of good-paying jobs in California and boost the ...

The California High-Speed Rail Authority says it wants a sales tax exemption on in-state purchases, a first-ever move for the ...

California billionaires would face a one-time 5% tax on their wealth through a ballot initiative that advocates say could ...