California Democratic Gov. Gavin Newsom is facing another blow after a massive wealth tax he warned could cause a wealth and business exodus from the state was officially added to the November ballot.

Political Director and Executive Director of Politics and White House, CBS News Fin Daniel Gómez is CBS News' political director and executive director, Politics and White House. In this role, Gómez ...

It’s deadline day for the contentious proposal to impose a new tax on California billionaires, an idea opposed by Gov. Gavin Newsom, influential groups with deep pockets, and, of course, the ultra ...

The 41-year-old superstar has earned more during his playing career than any other athlete in history and now enters the World Cup as the newest member of the three-comma club, alongside his longtime ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. This voice experience is generated by AI. Learn more. This voice experience is ...

The wealthy are fighting back with two ballot issues that could nullify the measure in November. The battle reflects a broader tension as American politics contends with deep inequality. By Laurel ...

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This is read by an automated voice. Please report any issues or inconsistencies here. See more from the L.A. Times in Google Search. Set us as preferred A one-time 5% tax on California billionaires’ ...

After failing to block from the ballot a measure that would enact a billionaire tax in his state, California Gov. Gavin Newsom is now proposing a national wealth tax of his own. Subscribe to read this ...

California Gov. Gavin Newsom called for a nationwide tax on billionaires as part of a broader "economic reset for America." Newsom, who is considered to be a 2028 presidential contender, also ...

Gov. Gavin Newsom, who's been a firm opponent of California's so-called "billionaire tax," said he would support a national wealth tax on billionaires, promoting it as a real solution to the wealth ...

Oscar-winning actor Anne Hathaway wowed critics with movies like "The Odyssey," but they weren't impressed with her other ...