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The only map you need to see as California’s billionaire tax fight heats up

August 16, 2026

California voters are set to decide whether to slap a new tax on the state’s billionaires as IRS data show thousands of taxpayers, and billions of dollars in income, are already flowing out of the Golden State. The outflow is adding fuel to the debate over California’s proposed billionaire tax, with Mark Cuban warning Saturday the measure could drive not only wealthy residents but investment and startups out...

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California voters are set to decide whether to slap a new tax on the state’s billionaires as IRS data show thousands of …

Shannon Watts, a Democratic political operative and gun control activist, torched a rising progressive kingmaker on Friday, accusing him of trying to …