Billionaire Peter Thiel is among the California billionaires heading for the door ahead of a possible wealth tax.
Tag: California
San Francisco mayor quietly signs reparations fund that could lead to $5M payments per person
San Francisco mayor signs ordinance creating reparations fund that could grant eligible Black residents up to $5 million each in potential payments.
‘Newsom Is Lying’: Duffy Slams California Over License Extension For Illegal Drivers
California’s Department of Motor Vehicles has delayed plans to cancel about 17,000 commercial driver’s licenses held by individuals unlawfully living in the state, giving them Read More
The Year Pop Culture Finally Began To Eat Its Own
The year in pop culture gave us reality stars smiting governors, a Coldplay concert going viral for nothing music-related, and a pop star’s career crashing Read More
Billionaire Bill Ackman warns ‘no one would stay’ if California implements wealth tax
Silicon Valley, the innovation hub of the world and home to some of the most successful tech companies, could soon turn into a ghost town Read More
Elon Musk’s lawyer urges Newsom to kill billionaire tax — or else
Alex Spiro, celebrity lawyer to Elon Musk, called the California billionaire tax illegal and warned of harsh consequences.
Trucker slapped with charges in fatal driving incident previously immigrated to US illegally: source
A trucker who allegedly killed three in a reckless driving incident in Virginia immigrated to the U.S. illegally in the 1990’s, according to a federal law enforcement source.
California to expand Newsom’s failing $328M homeless court
A California law taking effect in January will expand Gov. Gavin Newsom’s costly mental health court that’s been described as a failure by people involved Read More
Google co-founder, Peter Thiel among billionaires threatening to bolt California over tax that would siphon their wealth: report
The proposed wealth tax would affect billionaires residing in California at the start of 2026.
Ilhan Omar disclosures show husband’s companies surged in value as Minnesota reels from $9B fraud
Disclosures show that companies owned by the husband of Rep. Ilhan Omar surged in value, from under $1,000 to up to $25 million, as investigations into Minnesota fraud continue.