Reed Hastings, Netflix co-founder, at about $6 billion. Patrick and John Collison, Stripe founders, each estimated near $10 ...

The initiative is a direct response to President Donald Trump’s sweeping tax and spending cuts law enacted earlier this year.

Friedemann Thomma joined Baker Botts after more than 10 years with Venable’s San Francisco office, where he most recently served as co-chair of its transactional tax group. Thomma moved to Baker Botts ...

Two health care industry players propose a one-time 5% tax on billionaires to offset federal cuts to Medi-Cal, education.

California billionaires would face a one-time 5% tax on their wealth through a ballot initiative that advocates say could ...

SACRAMENTO, Calif. (AP) — A major union announced a proposal Thursday to impose a one-time 5% tax on billionaires in ...