Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. Californians have recently proposed the so-called “2026 Billionaire Tax Act”.

A proposed billionaire wealth tax in California is sparking debate over whether the measure, if passed, would lead to more harm than good if ultrawealthy residents in the state flee to other locales.

Filing taxes yourself has never been easier. As long as you have internet access, you can submit your tax return from the comfort of your couch. Before you get started, however, you'll have to choose ...

Opponents of California’s proposed 2026 Billionaire Wealth Tax Act repeat a familiar warning: tax the wealthy and they will leave. The claim has rhetorical force; it makes sense on the surface — don’t ...

Proposal from Sen. Sanders exposes difference between paper wealth and real resources. The problem with government spending is that you have to pay for it. New programs often poll well when you tell ...

A proposed one-time tax on billionaires in California could send some of the wealthiest in the state elsewhere. Proponents of the 5% tax say it is one of the few ways the state can provide healthcare ...

Sergey Brin, president of Alphabet and co-founder of Google Inc., is leading the opposition to California's proposed wealth tax. If all the statewide bond and tax measures being floated hit the ...

Plans for a wealth tax, which is dividing France, have gotten popular around the world as inequality has widened and government debt has risen. Credit...Doug Chayka Supported by By Patricia Cohen ...