Amid rising costs, California and L.A. initiatives aim to tax the ultra-rich [Los Angeles Times (CA)]
Palantir Technologies Inc. - Class A (PLTR)
Company Research
Source: Los Angeles Times
In L.A, a union-backed proposal would raise taxes on companies whose CEOs make at least 50 times more than their median-paid employee. The focus on taxing the richest of the rich comes amid a growing affordability crisis. California has billionaires on the brain. Last week union activists, hoisting giant cutouts of money bags and a cigar-smoking boss, announced a proposal to raise Los Angeles city taxes on companies with “overpaid” chief executives. They rallied in front of a symbol of the uber rich: the futuristic, steel-covered Tesla Diner owned by Elon Musk, the world's richest man. Meanwhile, a “billionaire tax” proposal prompted some of the wealthiest Californians to consider fleeing the state, amid arguments that they would take their tax revenue — and the companies they run — with them, hurting the ordinary residents the proposal is designed to help. The focus on taxing the richest of the rich comes amid a growing affordability crisis in California, home to the nat
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PLTR
Earnings
- 11/3/25 - Beat
PLTR
Sec Filings
- 1/6/26 - Form 4
- 1/6/26 - Form 4
- 1/6/26 - Form 4
- PLTR's page on the SEC website