Similar Stories to Millionaires Consider Leaving California Over Taxes on Bing News

California’s top earners are now facing a combined 51.9 percent federal and state income tax — the highest rate in the nation — a cause for grumbling and, maybe, an incentive to move.

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  • Owner of Mystic Pizza pleads guilty to tax charges
    The owner of the Mystic Pizza restaurant made famous in a 1988 movie has pleaded guilty to federal tax charges. More
  • One flight closer to space tourism
    Virgin Galactic is one flight closer to becoming a commercial "spaceline." The company's passenger spacecraft, SpaceShipTwo, completed its first rocket-powered flight Monday morning above the Mojave Desert in California. More
  • Police confiscate 4-foot, 2-pound marijuana joint
    California police confiscated a mammoth joint during a 4/20 pot rally on Saturday, reports the Los Angeles Times. As the paper notes, hundreds of UC Santa Cruz students gather each year for the event, and each year campus police confiscate things like bongs and dime bags. More
  • On Marijuana Tax, Colorado Asks: What’s Too High?
    If marijuana is legalized and properly regulated, its proponents have long said, it could generate millions of dollars in state tax revenue. But how the drug should be taxed has proved to be a thorny question. More
  • Senate planning vote on Internet sales tax bill
    The days of tax-free online shopping could finally be numbered. The Senate is planning to vote on a bill as soon as Monday that would give states the authority to collect sales taxes on all Internet purchases, handing local governments as much as $11 billion per year in added revenue that they are legally owed — but that hasn’t been paid to them for years. More
  • How can aging judges know when it's time to hang up the robe?
    You are going to get the assistance that you need.” Judges have a responsibility to the public to function to the best of their ability. To Hamilton, that means not only protecting their physical well ...
    11/30/2020 - 2:00 pm | View Link
  • Nation and world news briefs
    With another Republican leaving after his term expired ... distribution of narcotics outside prison walls and the smuggling of cell phones to inmates in California state prisons. Mueller said in court ...
    11/30/2020 - 1:25 pm | View Link
  • Covid-19 Live Updates: California’s Governor Warns of ‘Drastic Action’ as Hospitals Near Crisis
    Moderna applied for emergency F.D.A. authorization for its vaccine; the first shots could be given as early as Dec. 21. New York will not “live through the nightmare of overwhelmed hospitals again,” ...
    11/30/2020 - 10:29 am | View Link
  • AnaptysBio: Imsidolimab Q4 FDA Meeting, Dostarlimab Q4 2020 Approval, And New Trial Initiations, 61% Upside
    AnaptysBio is a $675M clinical-stage biotechnology company focused on developing immunology therapeutics based around emerging immune control mechanisms applicable to inflammation and immuno-oncology.
    11/30/2020 - 10:26 am | View Link
  • Tristan Thompson leaving Cavs; Kevin Love staying? Larry Nance developing? – Hey Terry!
    The Cleveland Cavaliers have lost Tristan Thompson to the Celtics. That and other moves have inspired questions from Cavs fans: Hey Terry: Can we have a meaningful conversation about Tristan Thompson ...
    11/26/2020 - 10:32 pm | View Link
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