billionaire tax

Explaining California’s billionaire tax: The proposals, the backlash and the exodus

January 19, 2026 · World News

The battle over a new tax on California’s billionaires is set to heat up in the coming months as citizens spar over whether the state should squeeze its…

Why Silicon Valley is really talking about fleeing California (it’s not the 5%) | TechCrunch

January 17, 2026 · Technology

If you’ve been following the billionaire exodus from California with some confusion, here’s what’s actually driving the nervousness: it’s not the 5% rate. As highlighted Friday in the…