Commentary: Yes, California should tax billionaires' wealth. Here's why

Why Are Google's Founders Cutting Their Connection to California? One Reason.

Sergey Brin and Larry Page are moving business entities out of California ahead of a proposed wealth tax that could cost them billions.

Silicon Valley Billionaires Panic Over California’s Proposed Wealth Tax

Larry Page’s apparent Florida move highlights how seriously the ultra-rich are taking a one-time tax aimed at extreme wealth inequality.

Democrats’ national divide is playing put in California

The growing divide within the Democratic Party is now coming to a head, right here in California.  Ostensibly, the conflict stems from a proposed wealth tax that would target billionaires with a 5% levy, with progressive populists – led by Rep. Ro Khanna – on one side, and moderates – led by Gov. Gavin Newsom – on the other. The progressive side is pushing the tax under the assumption that it will be popular with their constituencies – the far-l…

San Jose Mayor: CA's proposed wealth tax may ultimately push burden onto middle class families

San Jose Mayor Matt Mahan joins 'Squawk Box' to discuss the proposed wealth tax on California's billionaires, addressing the economic inequality and rising cost of living in the state, and more.

California’s Proposed Billionaire Tax

California imposed an exit tax for those wishing to flee the state, but with insufficient funding and desperation to maintain tax revenue, the state is

Billionaires Are Exiting California Ahead of a Possible New Wealth Tax

Billionaires are fleeing California ahead of a looming wealth tax, which would be a one-time 5 percent levy on people with net worths in the billions.