California is suddenly watching a tax debate turn into a capital flight story. As a proposed levy on billionaire wealth gains ...

Some of the state's wealthiest residents have warned that the proposed "billionaire tax" could prompt many to flee California ...

Broadly defined, a wealth tax is a tax on the difference between a person's assets and liabilities. Many, or all, of the products featured on this page are from our advertising partners who compensate ...

In this episode of Tax Notes Talk, professors David Gamage and Darien Shanske discuss their recent paper, “Money Moves: Taxing the Wealthy at the State Level,” which lays out their argument for a ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. Californians have recently proposed the so-called “2026 Billionaire Tax Act”.

California is testing a radical idea in tax policy: instead of waiting for billionaires to sell stock or cash out, the state ...

Earlier today, one of California’s most powerful unions and two of the nation’s most prominent progressive economists unveiled a 2026 state ballot measure that would establish the nation’s first ...

The proposed wealth tax may end up lowering tax revenue for California by driving billionaires out of the state.

Miriam Marra does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their ...