California voters weigh Prop. 41 tax and spending changes, effect on Prop. 40 billionaire tax

California voters will decide whether to change state tax and spending rules under Proposition 41, one of two ballot measures that could invalidate Proposition 40 if approved to levy a one-time wealth tax on billionaires.

• 2h ago

Californians to decide whether to tax billionaires with Proposition 40 vote

Voters in California are deciding whether to enact a tax on the state's wealthiest residents, following a campaign that has split traditional allies and shattered spending records for a tax-related measure in California.

• 2h ago

California billionaire tax secures enough signatures to make ballot

The measure would impose a one-time, 5% tax on the state's roughly 200 billionaires to fund public programs.

• Apr 27

Beyoncé is now a billionaire, according to Forbes

The Grammy-winning artist Beyoncé became the fifth musician to achieve the wealth milestone, Forbes said Monday.

• Dec 29, 2025

Bass holds slim lead against Caruso, Villanueva trails Luna

Congresswoman Karen Bass is heading into the homestretch of the midterms as the frontrunner in the Los Angeles mayor's race. Still, her opponent billionaire Rick Caruso is inching closer and narrowing the gap. Tom Wait reports.

• Oct 3, 2022