generalnews.media
importance 3/5

Ultra-rich spend $1m a day to fight California billionaire tax plan

Wealthy opponents are reportedly spending about one million dollars a day to campaign against a proposed billionaire tax in California. The measure would raise levies on the state's richest residents, and the fight signals how far the ultra-wealthy will go to block tax increases. The outcome could shape tax policy debates in other US states and beyond.

Business Technology World

Sources (5)

business 2 sources

Related stories

Exclusive

Man charged with mailing hundreds of powder letters to officials before midterms

A U.S. man has been charged with sending hundreds of letters containing powder to public officials ahead of the midterm elections. The mailings prompted security concerns and investigations into potential threats against officials. The case highlights risks to election-related public safety and mail security.

Exclusive

Court told man who drugged and raped wife found many men sharing his fantasy

A French court heard that Dominique Pelicot, who drugged and raped his wife and invited other men to abuse her, said he found many men whose fantasy was an unconscious woman. The testimony highlights how the mass rape trial has exposed broader patterns of sexual violence and the recruitment of dozens of men. The case has prompted protests and calls for legal and cultural change in France.

Exclusive

Binance Says Customers Won't Lose Funds After $6B Heist

Binance's co-CEO said customers will not lose a dime after a reported $6 billion heist at the cryptocurrency exchange. The assurance aims to calm users after one of the largest crypto thefts. If confirmed, the incident could intensify scrutiny of exchange security and market confidence.

Exclusive

Mississippi police department fire investigated amid fatal shooting of Black toddler

Officials are investigating a fire at a Mississippi police department tied to the fatal shooting of a Black toddler. The blaze raises questions about evidence, police accountability, and transparency in the child’s death.

Exclusive

Syria Says It Foiled Hezbollah Plot to Target Homs Oil Refinery

Syria announced it thwarted a Hezbollah plan to attack the oil refinery in Homs. The claim, if confirmed, signals rising tensions between Damascus and the Iran-backed group and raises security concerns over critical energy infrastructure.

← Back to home