A third of California truck drivers are believed to be Sikh, members of a religious group that hails from India. They're hurting after a mass cancellation of commercial driver’s licenses.

A new bill would impose a 50% tax on the detention contract revenues of companies that run immigration jails for the federal ...

LOS ANGELES — A proposed billionaires’ tax in California has ignited a political uproar in Silicon Valley, with tech titans threatening to leave the state while Democratic Gov. Gavin Newsom maneuvers ...

A new ballot initiative in California, ostentatiously dubbed the “2026 The Billionaire Tax Act,” would impose a one-time tax of 5 percent on the “accumulated wealth of California billionaires.” ...

Gov. Gavin Newsom said he was working behind the scenes to block a proposed tax on billionaires’ wealth and was committed to defeating the measure if it reached the ballot. By Laurel Rosenhall ...

Venture capitalist Chamath Palihapitiya says California’s proposed billionaire tax is accelerating an exodus of ultra-wealthy residents, a shift he argues will worsen and not solve the state’s budget ...

Billionaires like Google co-founder Larry Page and venture capitalist Peter Thiel are reportedly leaving California because of a proposed wealth tax. David Sacks, a longtime venture capitalist who ...

More large donations from wealthy Silicon Valley figures are expected as they try to marshal opposition to a proposed ballot measure that would impose a new tax on billionaires. By Theodore Schleifer ...

If you earn more than $150,000 a year, you're firmly in the upper tier of U.S. income earners, but that doesn't automatically mean you're being crushed by taxes. What does change at this level is ...