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California’s Proposed Billionaire Tax

Plus: Trump calls off the livestream of Nidal Hasan’s execution, Russian drones strike two tankers in Romanian waters, and Cocaine Bear producer wants to become a data center.

Sources (1)· Oct 16, 10:51 AM

Every telling

their own versions

The Dispatch· Oct 16, 10:51 AMCalifornia’s Proposed Billionaire Tax

The thread

Before

This GOP lie has Gavin Newsom stabbing his own party in the backIn three weeks, California voters will have their ballots tallied on Proposition 40 (and 41 and 42, which would negate 40) that will impose a one-time 5% tax on the assets — the wealth — of the state’s 200+ billionaires. The money will be used to make up for the massive almost-trillion-dollar cuts to Medicaid, called Medi-Cal in that state, that hits in…

Raw Story1d agoWhole story →

Benson, James battle over data centers, economy in Michigan gubernatorial debateMichigan gubernatorial candidates Jocelyn Benson and John James laid out competing plans for the state's future during a debate Thursday night, clashing over affordability, taxes, data centers, education and health care.

CBS News1d agoWhole story →

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2026 Election: Minnesota Senate District 33, House 33A, 33BHere's a look at who's running.

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Australia Draft Bill to Adopt OECD Crypto Tax Reporting FrameworkAustralia’s draft bill would enable international data sharing of crypto tax information under OECD rules and introduce a domestic reporting regime.

Cointelegraph1d agoWhole story →

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White House Puts Cost of Democratic Socialists' Immigration Plan at $613 BillionThe White House says immigration policies backed by the Democratic Socialists of America would cost American taxpayers up to $613 billion over the next decade. The post White House Puts Cost of Democratic Socialists’ Immigration Plan at $613 Billion appeared first on Breitbart .

Breitbart News Network1d agoWhole story →

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Since

Billionaires Are the Symptom, Not the DiseaseWealth taxes are justified and overdue, but until we confront corporate power directly, wealth will continue concentrating in the same few hands, argues Christopher Marquis.

Time22h agoWhole story →

The hard part of AI isn’t deployment — it’s proving it worksAI can boost productivity, but fact-checking its outputs can tax employees. Here’s what can help, says Maximus’ David Chou.

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Nick Freitas: Social Security is a ‘Ponzi scheme’ — and America is running out of timeMillions of Americans have spent their working lives paying into Social Security, counting on the government to deliver the retirement benefits they were promised — and that promise isn’t being kept. BlazeTV host Nick Freitas argues that it’s because Social Security operates less like a traditional retirement account than a system that uses today’s…

The Blaze16h agoWhole story →

Trump Bought Millions in Drug Stocks Before Medicare Change—Democrat ReportUp to $39.1 million was held in companies that benefited from a provision of Republicans' 2025 tax and spending law.

Newsweek11h agoWhole story →

Enforcement ‘surge’ from DOJ, IRS uncovers $490M in suspected tax fraudJustice and IRS officials said this won’t be the last tax fraud enforcement surge of its kind. But it's not yet clear how much money they'll claw back from suspected fraudsters.

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California’s Proposed Billionaire Tax – KnowGov