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ANTELOPE VALLEY NEWS


California’s Proposed Billionaire Tax Sparks Fierce Debate — and an Early Exodus
California voters may face a monumental decision in November 2026: whether to approve the 2026 Billionaire Tax Act , a ballot initiative imposing a one‑time 5% excise tax on the net worth of residents holding $1 billion or more in assets. The measure, backed by a major healthcare labor union, aims to raise up to $100 billion for healthcare, education, and food assistance programs. 1 To qualify for the ballot, supporters must gather roughly 875,000 valid signatures by June

Richard Sykes
Mar 173 min read


Vehicle Mileage Tax is Here—Not On Your Car, On Your Home
ANTELOPE VALLEY, CA—California’s Assembly Bill 130 (AB‑130), signed into law in June 2025, has been widely promoted as a major CEQA‑streamlining and housing‑acceleration bill. But buried deep in Section 58 is a controversial provision that has ignited fierce debate across the state: a Vehicle Miles Traveled (VMT)–based mitigation fee that critics say functions as a new tax on housing. 1 While the bill’s supporters frame the measure as a tool to reduce transportation impacts a

Richard Sykes
Mar 114 min read


OPINION: California’s “Jock Tax” Turned Sam Darnold’s Super Bowl Dream Into a Financial Loss — And That Should Concern All of Us
CALIFORNIA — Sam Darnold finally reached the mountaintop. He led the Seattle Seahawks to a Super Bowl victory, lifted the Lombardi Trophy under the California lights, and cemented a redemption arc that fans across the league could appreciate. But when the confetti settled and the accountants stepped in, the Golden State delivered a gut‑punch reminder: in California, even champions can lose. California Governor Gavin Newsome taxing Sam Darnold after his Super Bowl victory. Acc

Richard Sykes
Feb 124 min read
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