Voters will decide next month on a one-time tax on billionaires. It’s already influencing Meta’s chief executive.

Meta decided to give its CEO a financial incentive to stay near Silicon Valley, despite the risk of a multi-billion-dollar ...

United Airlines CEO Scott Kirby says passive wealth that grows tax-free until death feels unfair, even as critics spotlight ...

Chicago Mayor Brandon Johnson unveiled his $17.6 billion 2027 budget proposal for the city on Wednesday, relying on a head ...

A new study says Prop. 40 could lose revenue for the state.

Departures have already erased nearly 30% of Prop 40’s tax base, a new NBER paper estimates. The tax’s architects say the ...

Senators Andy Kim and Elizabeth Warren are drawing attention to household costs ahead of the midterm elections, sharing a ...

Chicagoland Chamber of Commerce President Jack Lavin said the business community will join the Civic Committee of the Commercial Club in mounting a full-court press to block the head tax and Johnson's ...

Filming activity in Los Angeles across movies, television series, documentaries and commercials fell 4.8% in the third ...

The Justice Department has told its overworked fraud prosecutors to look for tax charges wherever they can, but law enforcement is already straining.

L.A. logged 4,171 on-location shoot days last quarter, down 4.8% from a year earlier, but tax-credit projects made up a growing share of TV and film work.

This wealth tax is the ballot equivalent of eating your seed corn. But two billionaire-backed countermeasures overreach.