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#Wealth Tax

Total 6 articles

When Silicon Valley's Kingmakers Turn Against Their Creation
TechEN
When Silicon Valley's Kingmakers Turn Against Their Creation

Tech billionaires who once backed Ro Khanna are now funding his challenger over wealth tax support, setting up 2026's most expensive primary battle. A deeper look at the money-politics nexus in America's wealthiest district.

California Billionaire Tax Act 2026: David Sacks Slams 5% Levy as "Asset Seizure"
EconomyEN
California Billionaire Tax Act 2026: David Sacks Slams 5% Levy as "Asset Seizure"

David Sacks, Trump’s AI czar, criticizes the California Billionaire Tax Act 2026 as 'asset seizure' at Davos. Learn about the 5% tax and why CEOs like Jensen Huang are staying.

An image illustrating money and assets leaving the borders of California
EconomyEN
California Billionaire Tax Act 2026 Faces Uphill Battle as Polling Drops

The California Billionaire Tax Act 2026 faces a tough path to passage as new polling shows support below 50%. Top tech founders are already leaving the state.

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Map visualizing the asset migration from California to Delaware
EconomyEN
Larry Page Moves Assets to Delaware to Dodge California's 5% Wealth Tax

Google co-founder Larry Page is shifting business assets from California to Delaware due to a proposed 5% billionaire tax. Learn about the 'tax migration' of Silicon Valley's elite.

Conceptual image of San Jose city with tax vs innovation balance
EconomyEN
California Billionaire Tax 2026: San Jose Mayor Warns of Economic Fallout

San Jose Mayor Matt Mahan opposes the California Billionaire Tax 2026, warning it could drive tech leaders out of Silicon Valley and damage the state's economy.

The Golden Gate Bridge contrasted with moving trucks, symbolizing tech exodus
EconomyEN
California 2026 Billionaire Tax Act: Tech Leaders Threaten Exodus Over Wealth Tax

Tech titans are threatening an exodus as Rep. Ro Khanna backs the California 2026 Billionaire Tax Act. Discover how a 5% wealth tax is splitting Silicon Valley and the Democratic party.

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