The Billionaire Tax Act would impose a one-time tax of 5% on the total wealth of California tax residents whose net worth is $1 billion or more. The proposed wealth tax would apply to those who are ...

South Carolina Rep. RJ May, R-Lexington, center, speaks Wednesday, Jan. 12, 2021, at the State House in Columbia, S.C., about 2022 priorities. Maayan Schechter mschechter@thestate.com COLUMBIA, S.C.

For those unfamiliar, Bobby Kotick is the former CEO of Activision Blizzard King and led the company for decades, including during its $69B sale to Microsoft. A Swedish pension fund called AP7 claims ...