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the korea daily
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the korea daily
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tax policy
Policy
Up to $1 Trillion in Wealth Is Already Fleeing California Over Billionaire Tax Fears
Jan 13, 2026 3:26 PM PST
California’s billionaire tax proposal is prompting early capital flight fears as its retroactive design reshapes behavior before voters decide.
Policy
Federal Tip Tax Exemption Bill Advances Toward House Vote
Jun 12, 2025 2:25 PM PDT
A proposed federal bill to exempt tip income from federal income tax is advancing in Congress, drawing both optimism and concern among Korean American...
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