‘Trojan horse’: California’s top 1% pay nearly half the state’s income taxes. Prop 40 opponents warn the billionaire tax could reach everyone else
The state legislature could modify Prop 40 with a two-thirds vote, but courts would also weigh in on any attempts to stretch the scope to all taxpayers.
Read Full Article on FortuneMore Finance News
Christa Pike is discharged from a hospital and back in prison after becoming the first person to survive lethal-injection drugs during an execution
Trump says he’s evaluating whether the U.S. should join Saudi Arabia’s fight against Iran-backed Houthi rebels in Yemen after fresh attacks on Riyadh
After Anthropic’s Claude AI submits a false tip on a Philadelphia unsolved homicide case, police say ‘cases involve real victims, grieving families’
‘Fantasy economics’ hit reality: Boomer vs. Gen Z fight roils France as pension costs drive debt crisis and education cuts that fuel student riots
Trump’s Medicaid cuts strip health coverage from some legal immigrants—including refugees and victims of human trafficking
Content sourced from Fortune. Not financial advice.