Cristobal Young, a sociology professor at Cornell University, said previous California tax increases on millionaires didn't lead to a mass exodus of wealthy people.
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ABC News,
ABC News,
9 Oct. 2026
The latest in a long series of corrective measures was a thirteen-per-cent state income tax on millionaires, which went into effect in 2012 and is due to expire in 2030.
The heirs have been fighting for the artwork for decades, though the family chose after World War II not to sue for its return.
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Brian Boucher,
ARTnews.com,
16 Oct. 2026
The top lot of the evening was an early Wassily Kandinsky painting, Das bunte Leben (1907), which was recently restituted to the heirs of the German Jewish art collector Hedwig Lewenstein-Weyermann in June 2023.
Talarico, an Austin area state representative, has pitched himself as a candidate to bring Texans together —regardless of party — to take on billionaires and their influence in politics.
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Fort Worth Star-Telegram,
Fort Worth Star-Telegram,
18 Oct. 2026
Adding to the surreal nature of the incident, Olson’s joke was about AI’s threat to jobs and how billionaires like Instagram’s parent company co-founder Mark Zuckerberg are complicit.
Julia Demaree Nikhinson / AP The Journal also reported this weekend that Guilfoyle boasted in audio recordings about Greek businessmen who paid for her travel, and reportedly encouraged foreign governments to do business with one of the tycoons.
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Kathryn Watson,
CBS News,
12 Oct. 2026
Lately, though, many mom-and-pop tycoons are turning to different kinds of funding.
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