Seiu-uhw - Febspot

Seiu-uhw

A collection of 3 posts

California proposal would impose one-time 5% tax on billionaires' assets — Api.time.com

California proposal would impose one-time 5% tax on billionaires' assets

Time reports that a proposed California ballot measure, the 2026 Billionaire Tax Act, seeks to impose a one‑time 5% tax on billionaires’ assets and may cause the state to lose billions in future tax revenue before it reaches the ballot. The measure would levy a one‑time 5% tax

Proposed California wealth tax has some billionaires weighing a move out of state — Static01.nyt.com

Proposed California wealth tax has some billionaires weighing a move out of state

Billionaires including Peter Thiel and Larry Page are considering cutting ties with California because of a proposed ballot measure that could tax the state’s wealthiest residents, according to five people familiar with their thinking. Mr. Thiel has explored opening an office for his firm, Thiel Capital, in another state

Proposed California Wealth Tax Has Billionaires Weighing Moves Out of State — Static01.nyt.com

Proposed California Wealth Tax Has Billionaires Weighing Moves Out of State

Billionaires including Peter Thiel and Larry Page are considering cutting or reducing ties to California because of a proposed ballot measure that would tax residents worth more than $1 billion, people familiar with their thinking said. The proposal from the health care union S.E.I.U.-U.H.W.