California’s governor, who is considering a White House run, proposed an expansive national wealth tax, as well as an initiative to give Americans a stake in AI.
California's billionaire tax is officially added to November ballot despite Gov. Newsom warning wealthy residents will flee to Texas or Florida.
Gov. Gavin Newsom is trying to sell America on a national billionaire tax as he sizes up a likely White House run in 2028 — but his critics say California's sky high tax record has already sent many residents fleeing and Newsom is now scrambling to protect his gilded Golden State donor class.
A heartbroken mom whose teenage daughter died by suicide after the girl’s biological father had sex with her is demanding Gov. Gavin Newsom crack down on California’s sex crime laws after the digusting dad escaped with just one year in county jail. Carolina Sandoval told The California Post she wants lawmakers to pass legislation in...
President Donald Trump threatened to impose 100% tariffs on goods imported from countries that impose digital services taxes, escalating pressure on European nations that just ratified a trade pact with the US.
Countries that tax U.S. companies offering digital products and services would immediately face a 100% tariff on their exports to the U.S., President Trump said.
House Oversight Committee Chair James Comer (R-Ky.) issued two subpoenas to billionaire investor Leon Black during Black’s voluntary transcribed interview before the panel Friday. In a statement, Comer said Black refused to answer questions about nondisclosure agreements (NDAs) with women as part of the panel’s investigation into late convicted sex offender Jeffrey Epstein. “Answers about…
California governor calls for national tax on super-wealthy and suggests the US should own a stake in AI companiesUS politics live – latest updatesCalifornia’s governor, Gavin Newsom, called for a national “billionaires tax” on Friday as he fights a ballot measure targeting the ultra-wealthy in his home state.Newsom, who is expected to run for president in 2028, published his proposal the day after California officials certified a ballot proposal to levy a one-time 5% tax on residents worth more than $1bn. The proposal, called the California Billionaire Tax Act, was brought by the Service Employees International Union-United Healthcare Workers West (SEIU-UHW) and would fund the state’s healthcare, education and food assistance programs. Continue reading...
An investor who employed and was close to Jeffrey Epstein is appearing before members of Congress investigating the deceased sexual abuser.