Zuckerberg weighed leaving California over the wealth tax. Meta answered with a new class of stockMeta could have raised about $700 billion in equity capital before Zuckerberg lost majority control, a filing shows. The new share class will raise money without diluting him—and allow him to foot a potential bill in California.Fortune2d agoWhole story →TechnologyEconomycalifornia wealth tax proposal
Mark Cuban rips Ro Khanna's 'insane' California wealth tax planMark Cuban blasts Rep. Ro Khanna’s push for a California billionaire wealth tax, calling state loans to help founders pay the levy “insane” and “the biggest insult in the history of entrepreneurship.”Los Angeles Times2mo agoWhole story →EconomyGovernmentRo Khannacalifornia wealth tax proposal
Mark Zuckerberg Plots Deal to Pay Wealth Tax, Keep Meta ControlMark Zuckerberg had a dinner-table ultimatum with his board, which came after months of wrangling over the company's financing needs and a proposed California wealth tax. Meta will offer a new class of non-voting shares to existing investors, and Zuckerberg will have a special agreement that will give him the ability to sell some of that stock without…Bloomberg2d agoWhole story →Economycalifornia wealth tax proposal
California's Proposition 40: What voters need to know about billionaire wealth tax battleCalifornia's billionaire wealth tax, Proposition 40, looks like a close call based on recent polls. Here is what to know before Election Day on Nov. 3.CNBC2d agoWhole story →EconomyGovernmentcalifornia proposition 40 vote
A Billionaire Tax Is on California's Ballot. Can It Make Up for Federal Healthcare Cuts?Get our weekly newsletter, The Week in Brief, featuring a roundup of our original coverage, Fridays at 2 p.m. ET.KFF Health News8d agoWhole story →HealthEconomycalifornia proposition 40
Transcript: Lula’s Struggles Are a Cautionary Tale for ProgressivesPerry Bacon: Good morning. I’m Perry Bacon. I’m the host of Right Now on The New Republic . I’m joined by Michael Paarlberg. He’s a political scientist at Virginia Commonwealth University. He’s an expert in politics in Latin America, and we’re going to discuss both the initial early round of the Brazil election and the upcoming October 25 runoff between…The New Republic10d agoWhole story →Governmentbrazilian presidential election
Trump attacks ‘migrants and communists’ as he tries to exploit France unrestPresident at Kansas rally tries to turn protests into cautionary tale for US as Republicans face potential midterm losses Explainer: why are people protesting across Europe? As Republicans confront mounting political headwinds ahead of November’s midterm elections, Donald Trump is attempting to turn unrest in France into a cautionary tale for American…The Guardian4d agoWhole story →JusticeGovernmentmidterm elections
Backers of California's billionaire tax plan to attack Gov. Gavin Newsom in early presidential primary statesFoes of Gov. Gavin Newsom, who is widely viewed as a likely 2028 presidential candidate, are launching television and digital ads this weekend in early primary states that criticize the governor's opposition to the proposed billionaire tax on California's November ballot.Spokane Spokesman-Review18h agoWhole story →EconomyGovernmentGavin Newsom
'This Is Huge,' Economist Says as Filing Shows Zuckerberg Getting Ready to Pay California Billionaire TaxFederal filings released Wednesday reveal how Meta CEO Mark Zuckerberg, one of the richest men in the world, is getting ready to potentially pay a billionaire wealth tax that is on California's November midterm ballot—an indication of the grassroots campaign's impact. "This is huge," economist Gabriel Zucman, an outspoken supporter of the proposed tax,…Common Dreams2d agoWhole story →Economycalifornia billionaire tax vote
Mark Cuban warns California billionaire tax could hurt investmentMark Cuban warns California's proposed billionaire tax could drive investment and startup founders out of the state amid a clash with Rep. Ro Khanna over the wealth tax.Fox News2mo agoWhole story →EconomyRo Khannacalifornia billionaire tax debate
A tale of two election ads offering different visions for AmericaRecent spots by Abdul El-Sayed and Vivek Ramaswamy show a choice between service and crueltySalon18h agoWhole story →Government
