Lawyer: Billionaire tax could cost California $1 trillion

Several wealthy individuals have fled California, according to one attorney who advises high-net-worth clients, all to avoid a proposed billionaire tax. This move could cost the state over $1 trillion in lost tax revenue, raising questions about the potential fallout for California’s economy.

Lawyer: Billionaire tax could cost California $1 trillion

Trump’s Economy: You’re Either an Insider or a Chump (Catherine Rampell/The Bulwark)

In this account of the Trump presidency, critics highlight how a fortunate few have benefited substantially, while ordinary Americans feel left out. The president, his children, and his in-laws are cited as prime examples of those who have gained wealth in this environment.

By George! Houses Are Unaffordable!

As housing affordability crises grip cities worldwide, the 19th-century ideas of economist Henry George offer a compelling blueprint for change. Could his single tax theory be the key to addressing modern economic inequality?

By George! Houses Are Unaffordable!