Billionaire Tax Wave: States Target Wealthy episode artwork

EPISODE · May 9, 2026 · 1 MIN

Billionaire Tax Wave: States Target Wealthy

from The Daily News Now! Business

California voters may soon decide on a one-time five percent tax on billionaires, while Maine and Washington increase taxes on high earners. Reactions from the wealthy vary, with some leaving and others staying. Critics argue these taxes drive away the rich, but evidence is mixed. As more states consider similar moves, this trend could significantly impact public funding. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/39596fdbdf15067e

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Billionaire Tax Wave: States Target Wealthy

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This episode was published on May 9, 2026.

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California voters may soon decide on a one-time five percent tax on billionaires, while Maine and Washington increase taxes on high earners. Reactions from the wealthy vary, with some leaving and others staying. Critics argue these taxes drive...

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