Browsing: Taxes
San Francisco Dems break with party over billionaire tax—and reveal how Prop 40 has split the left
Nothing has the Democratic Party more split than taxing billionaires. San Francisco Democrats have broken with their statewide party over…
New York City sends 11,000 more pied-à-terre tax letters as it apologizes to 1,200 wrongly targeted
New York City’s Department of Finance is sending a second wave of pied-à-terre tax letters to roughly 10,800 property owners,…
Nvidia’s Jensen Huang disagrees with Bill Gates on proposal to tax robots and AI tokens
Nvidia CEO Jensen Huang is open to ideas about how to share the massive wealth being generated by the AI…
Google’s founders are snapping up Miami mansions, as billionaires flee California’s proposed tax
More billionaires are trading the streets of New York and boardrooms of California for the sunny, tax-friendly city of Miami—and…
Billionaire Bernard Arnault and his wife have been assessed with nearly €22.5 million ($25.7 million) in additional taxes, according to…
AI could shave $2.2 trillion off the deficit, but 5 downsides could bring debt roaring back
AI could shave $2.2 trillion off the U.S. deficit by 2036. But according to a new working paper from economists…
Trump’s 927-page disclosure is just a normal Tuesday for direct indexing and crypto wealth managers
President Donald Trump’s latest financial disclosure has drawn attention for their sheer scale: thousands of stock trades, over $1 billion…
U.S. and Iranian officials remain locked deep in negotiations to secure a lasting ceasefire to the war that has rocked…
After flirting with Gavin Newsom rollback idea, union is ‘all in’ on full billionaires’ tax for California
California voters will consider a controversial proposal in November to temporarily raise taxes on billionaires after the labor union backing…
The union behind California’s billionaire tax is blinking, but Gavin Newsom wants to inflict total defeat
A labor union behind a controversial tax on California billionaires significantly scaled back its proposal a day after it qualified for the…












