Understanding California’s alternative tax on the wealthy initiative: Prop. 3

Understanding California's alternative tax on the wealthy initiative: Prop. 3

Proposition 3: A Familiar Income Tax Measure Returns to California Ballots SACRAMENTO, CA., 10/23/26 — You might recognize Proposition 3; it’s the third time this income tax initiative has found its way onto California’s ballots. However, this might be its final chance for approval. Prop. 3 seeks to permanently extend an income tax on wealthy […]

Wealthy individuals are purchasing $100 million homes only to demolish them.

Wealthy individuals are purchasing $100 million homes only to demolish them.

For America’s billionaires, spending $100 million on a mansion can often lead to its demolition. The ultra-wealthy are purchasing extravagant estates only to tear them down, viewing seemingly pristine homes as mere barriers to their ideal properties. Take, for example, cosmetics mogul William Lauder. In March 2023, he paid an eye-popping $155 million for the […]

United CEO Scott Kirby advocates for a national wealth tax targeting the wealthy.

United CEO Scott Kirby advocates for a national wealth tax targeting the wealthy.

United Airlines CEO Advocates for National Wealth Tax Scott Kirby, the CEO of United Airlines, recently voiced his support for a national wealth tax along with significant inheritance taxes for certain estates, citing that escalating wealth inequality is a serious concern for American society. In an interview with The New York Times, he made these […]

Women are heading to Silicon Valley to find wealthy partners in the AI industry.

Women are heading to Silicon Valley to find wealthy partners in the AI industry.

A New Trend: Women Seeking AI Partners in Silicon Valley There’s an intriguing trend emerging in Silicon Valley: women, particularly those from Chinese and Chinese American backgrounds, are gravitating toward the area with the specific goal of finding husbands in the AI sector. “The top companies are Anthropic and OpenAI,” explained Qinghua Zhao, the founder […]