The Daily Overview on MSN

California's wild billionaire tax plan has Google founders bolting

California's latest attempt to tax its richest residents has collided with the reality of a hyper-mobile tech elite. A ...
Financial Freedom Countdown on MSN

Newsom slams California’s billionaire tax as ‘badly drafted’ and signals no compromise ahead

Gov. Gavin Newsom is rejecting a proposed billionaire tax in California, as labor groups push to put the measure on the 2026 ...

Billionaire tax proposal roils Bay Area havens, divides politicians

A proposed tax on California billionaires has ignited backlash in Silicon Valley and a fierce political fight over wealth, health care and the state’s economic future.

Google co-founder Larry Page now owns $188M in Florida property — as California titans flee the billionaire tax

A trust linked to the Google co-founder shelled out $14.97 million to add to his growing compound in affluent Coconut Grove.

David Sacks calls California wealth tax 'an asset seizure,' says it's 'not a one-time, it's a first time'

Craft Ventures, the firm Sacks cofounded, previously announced that he had moved to the Austin area.

California crypto startup moves to South Dakota as debate over proposed wealth tax heats up

California cryptocurrency startup BitGo has moved to South Dakota ahead of its initial public offering and amid a heated ...

California’s wealth tax is theft, Trump czar says: 'Never been anything like this before in American history'

President Trump’s tech czar claimed that California’s proposed wealth tax is nothing less than theft. “This is not a tax — ...

Gavin Newsom Built His Political Career With Billionaire Backing — Now California Is Preparing To Hit That Same Wealth Class With A Massive New Tax

Gavin Newsom's (D-Calif.) rise from a Getty-backed entrepreneur to California governor now collides with a proposed ...