Most of America’s richest people are cash-poor, with wealth tied up in companies they helped succeed.

Economic inequality and wealth redistribution continue to anchor modern political debates, with progressive lawmakers ...

Proposition 40 could generate billions of dollars, mostly for health care, but opponents say it could drive wealthy taxpayers ...

A first-in-the-nation proposal in California to tax billionaires could test voters’ appetite for levying a wealth tax on the ...

Sanders has framed the tour around economic inequality and what he describes as the growing power of "oligarchs and corporate ...

Wealth taxes are justified and overdue, but until we confront corporate power directly, wealth will continue concentrating in the same few hands, argues Christopher Marquis.

Proposition 40 would levy a one-time 5% tax on the assets of roughly 200 California billionaires. Two rival ballot measures ...

You can usually tell a controversial idea like the “billionaire tax” is bad when proponents start trotting out teams of Nobel Prize winners to defend it. If the idea really were that good, you ...

If Prop. 40 passes, it will be part of the 2028 Democratic campaign.

United Airlines CEO Scott Kirby backed national wealth and inheritance taxes in an interview published Sunday, arguing they ...

Meta CEO Mark Zuckerberg has warned his company that he may flee California if voters choose to adopt a billionaire tax.