A proposed wealth tax on billionaires would not only drive California’s richest residents out of the state, but it could also result in a loss of up to $4.5 billion annually, according to a new report.
California billionaires tax could slash yearly revenue by $4.5 billion
Politics
April 23, 2026
ultocalanissan@gmail.com
Related Posts
House Minority Leader Jeffries says GOP wouldn’t have passed Trump budget agenda without ‘tragic’ Dem deaths
House Minority Leader Hakeem Jeffries chided that Republicans were only able to advance the blueprint for President Trump's "big, beautiful" agenda because of "tragic" Democratic deaths. House Minority Leader...
Elise Stefanik in dead heat with Kathy Hochul in potential governor race, as Trump edges Democrat in favorability: poll
Upstate Republican Rep. Elise Stefanik is running neck-and-neck in a hypothetical race for governor against Democratic incumbent Kathy Hochul, a new poll claims. Upstate Republican Rep. Elise Stefanik is...
The Post’s front page of Trump mug shot adorns wall outside Oval Office
The surprising decorating choice was revealed during Indian Prime Minister Narendra Modi's visit when the leaders were seated in front of the Oval Office's fireplace — with the door...
Trump inks $142B arms deal with Saudi Arabia, part of $600B investment package
Trump pitched Saudi Arabia as the key to building peace and prosperity in the Middle East, contrasting the kingdom with the nuclear intransigence of Iran. Trump pitched Saudi Arabia...
Parkland shooting survivor and gun-control activist David Hogg becomes DNC vice chair
Former student-turned-gun-control activist David Hogg, 24, was among three people elected to the position Saturday during a meeting in National Harbor, Md., just outside of Washington, DC, to elect the...
AOC splurged nearly $50K on pricey hotel stays, dining and renting Puerto Rico concert venue where Bad Bunny performed
The "Squad" rep danced alongside Rep. Nydia Velázquez (D-NY) at a Bad Bunny concert held Aug. 10 on the island. The "Squad" rep danced alongside Rep. Nydia Velázquez (D-NY)...
Dems railing against Trump budget bill’s Medicaid reforms have backed work requirements themselves
One of the chief grievances that congressional Democrats have had against the One Big Beautiful Bill Act is the new work requirements that it imposes on Medicaid and Supplemental...
Federal workers face mounting financial strain, new uncertainty as government shutdown drags on
With every passing day of the government shutdown, hundreds of thousands of federal employees furloughed or working without pay face mounting financial strain. With every passing day of the government shutdown,...
Eric Adams wants to get doctorate and go from ‘Party Mayor’ to ‘Party Doctor’
Party Mayor, PhD. Mayor Eric Adams said Thursday his No. 1 goal after leaving office will be to get a doctorate – as the lame duck politician boasted about...
Trump weighs financial compensation for Jan. 6 rioters, vows to ‘look into’ Ashli Babbitt’s death
The president told Newsmax in a Tuesday night interview there has been “talk” about paying the hundreds of his supporters who were charged with storming the Capitol in a...