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California's Billionaire Tax: What's at Risk for the Biggest State Economy in America

Summary by CNBC
California's billionaire tax would generate quick revenue, but Norway's example shows the longer-term economic impact of targeting the wealthy is unclear.

4 Articles

The facts: Californian super-rich fear billionaire tax Source: Financial Times, Ballotpedia, Callmatters, Forbes On November 3, Americans go to the polls for the midterm elections. With the midterms, voters determine the political balance in the U.S. Congress. Will the Republicans retain the majority, or will the Democrats manage to gain a stronger foothold in the Senate and the House of Representatives? In California, voters can also cast their…

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The Registry broke the news on Tuesday, July 14, 2026.
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