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Tech billionaires threaten to flee California over proposed 5% wealth tax
Tech billionaires threaten to flee California over proposed 5% wealth tax

Silicon Valley tech founders threaten to leave California over proposed 5% wealth tax on billionaires. The controversial measure could trigger an exodus from the state. Read more

Fox Business - Dec 28
Tax refunds could be delayed after major 2025 law changes lawmakers warn
Tax refunds could be delayed after major 2025 law changes lawmakers warn

Seventeen senators wrote a letter to Scott Bessent, requesting the IRS to hire more staff ahead of the 2026 tax season, expressing "serious concerns" Read more

Daily Express Us - Dec 28
Trump Official Brags On Fox News: ‘I Don’t Think Small Business Owners Have Ever Been So Excited to Pay Their Taxes!’
Trump Official Brags On Fox News: ‘I Don’t Think Small Business Owners Have Ever Been So Excited to Pay Their Taxes!’

A Trump administration official credited the president with making small business owners "excited" to pay their taxes thanks to tax cuts and less regulation. Read more

Yahoo! News - Dec 28
California tech founders unload on a proposed state wealth tax that already has some billionaires preparing an escape. ‘I am screwed for life’
California tech founders unload on a proposed state wealth tax that already has some billionaires preparing an escape. ‘I am screwed for life’

"One market correction, nationalization event, or prohibition of divestiture (not at all uncommon during wartime) and I am screwed for life." Read more

Fortune - Dec 28
Robotaxis went viral in 2025. These maps show where you can ride in 2026.
Robotaxis went viral in 2025. These maps show where you can ride in 2026.

Robotaxis have become subjects of virality as their presence grew in America this year. In 2026, they'll be taking over more US roads. Read more

Business Insider - Dec 28
Chamath Palihapitiya Warns California Wealth Tax Could Crush Startup Founders: 'It Will Kill Entrepreneurship In California'
Chamath Palihapitiya Warns California Wealth Tax Could Crush Startup Founders: 'It Will Kill Entrepreneurship In California'

Venture capitalist Chamath Palihapitiya is raising alarms over a proposed California wealth tax, saying it could unintentionally force young startup founders into financial ruin.Palihapitiya Highlights Risk To Startup Founders' Cash FlowOn Saturday, Palihapitiya criticized the tax while sharing a... Read more

Benzinga - Dec 28
UK households with one tax code being given 'minus' allowance by HMRC
UK households with one tax code being given 'minus' allowance by HMRC

Items that reduce your tax-free allowances can add up to more than those allowances, resulting in ‘minus allowances’, experts have said. Read more

Birmingham Live - Dec 28
Peter Thiel and Larry Page are preparing to flee California in case the state passes a billionaire wealth tax, report says
Peter Thiel and Larry Page are preparing to flee California in case the state passes a billionaire wealth tax, report says

The proposal calls for California residents worth more than $1 billion to pay a one-time tax equivalent to 5% of their assets. Read more

Fortune - Dec 27
Billionaires plotting to flee California over proposed super wealth tax
Billionaires plotting to flee California over proposed super wealth tax

Rumor has it that some of the tech world's biggest names - including venture capitalist Peter Thiel and Google co-founder Larry Page - are among those considering fleeing their California mansions. Read more

Mail Online - Dec 27
Late billionaire's heirs agree to pay IRS $750 million to settle biggest individual tax fraud case in US history
Late billionaire's heirs agree to pay IRS $750 million to settle biggest individual tax fraud case in US history

Robert Brockman was accused of hiding $2billion in income from the IRS, the largest tax fraud claim ever made against a single person in the US. A civil case continued in tax court after his death. Read more

Mail Online - Dec 27