Reading up on taxation
4 deep · digging since dec 27, 25
- California Will Vote on a Billionaire Tax. Billionaires Aren’t Happy.
A proposed California tax on billionaires faces two opposing ballot measures funded by wealthy individuals, highlighting political tensions over inequality.
- Raise Taxes on the Rich? These Rich New Yorkers Are All for It. - The New York Times
A group of wealthy New Yorkers publicly supports Mayor Zohran Mamdani's proposal to raise taxes on residents earning over $1 million annually.
- A Wealth Tax Floated in California Has Billionaires Thinking of Leaving - The New York Times
A proposed California wealth tax on billionaires unrealized gains has some wealthy residents, including Peter Thiel and Larry Page, considering leaving the state.