California union may withdraw billionaire tax initiative for a smaller wealth tax. Billionaire tax passing in 2026 at 27.5% YES.

Odds that a proposed billionaire tax is on California's ballot dropped after reports noted that Gov. Gavin Newsom is pushing to stop the proposal.

California's billionaire tax faces steep decline after Newsom's opposition. Tax passing in 2026 now at 19% YES.

California's billionaire wealth tax qualifies for the November 2026 ballot. Passage at 18% YES.

California's 2026 Billionaire Tax Act targets $100 billion in revenue from 200 billionaires, including digital asset holdings. Here's what crypto investors

A proposal to temporarily increase taxes on billionaires in California to counter federal cuts to healthcare for low-income people has sufficient public support to qualify for the…

The ballot initiative, which has divided Democrats, would implement a one-time tax on wealthy Californians if approved by voters in the fall.

A California labor union is offering to scale back a proposal to temporarily increase taxes on billionaires

Billionaire tax measure qualifies for California's November 2026 ballot. Tax passing at 32% YES.

California officials confirmed that a controversial billionaire tax initiative has qualified for the November ballot.

California Billionaire Tax Act gains enough signatures for November ballot. Proposed 5% wealth tax to fund hospitals, food aid, and education.

The wealth tax has qualified for the November ballot, but a Gavin Newsom–brokered deal could still kill it.

A proposal to temporarily increase taxes on billionaires in California to counter federal cuts to healthcare for low-income people has sufficient public support to qualify for the…

California union may withdraw billionaire tax initiative for a smaller wealth tax. Billionaire tax passing in 2026 at 27.5% YES.

Gov. Gavin Newsom said he remains opposed to a proposed tax on billionaires, even after the union backing the measure revised its plan.

“If you want a budget deficit in perpetuity, pass this...”

Sergey Brin alone donated $82 million to defeat the measure — from a committee of fewer than a dozen donors that raised $118 million total.