California Billionaires Bolt as Looming Wealth Tax Rattles Tech Elites

As the clock ticks on California’s billionaires facing a proposed wealth tax, some of America’s top business leaders are making strategic moves to leave the Golden State.

Google co-founder Larry Page appears to be distancing himself from California, as public filings reviewed by Fox News Digital from the California Secretary of State’s office show several business entities linked to Page were moved out of the state in December, ahead of the Jan. 1, 2026, residency date tied to the proposed tax. Those filings indicate his family office, Koop LLC, and his influenza research fund, Flu Lab LLC, no longer list California, while a flying-car venture, One Aero, now lists its primary address in Florida.

Oracle founder Larry Ellison has taken steps that signal a potential pullback from California, though details of a reported $45 million off-market sale of his San Francisco home have not been independently confirmed by major outlets. The New York Post reported the sale and said it would mark the city’s largest real estate transaction of 2025.

While the initiative has not yet qualified for the November 2026 ballot, the proposal — backed by the Service Employees International Union–United Healthcare Workers West — would impose a one-time 5% tax on the net worth of California residents worth more than $1 billion. The tax would be due in 2027, and taxpayers could spread payments over five years, with additional costs, according to the Legislative Analyst’s Office.

The financial costs would vary. For example, Ellison could be forced to hand over roughly $9.6 billion from his estimated $192 billion net worth, according to Forbes data. Page would owe about $7.2 billion based on his estimated $144 billion valuation. LAO says real estate, pensions and retirement accounts would be excluded from the tax. (Read more from “California Billionaires Bolt as Looming Wealth Tax Rattles Tech Elites” HERE)

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Trump Calls for $1.5 Trillion to Build ‘Dream Military,’ Pay Down Debt, Give Dividend to ‘Moderate Income Patriots’

President Donald Trump said the 2027 military budget should be increased to $1.5 trillion, pointing to national security needs and strong tariff revenues as reasons the higher amount is both necessary and achievable.

On Wednesday, President Donald Trump released a statement on Truth Social calling for an increase in the 2027 military budget, raising the target from $1 trillion to $1.5 trillion. He attributed the shift to “long and difficult negotiations with Senators, Congressmen, Secretaries, and other Political Representatives.” Trump remarked that the decision was made “for the Good of our Country, especially in these very troubled and dangerous times.”

The proposed increase, according to Trump, would support building what he referred to as the “Dream Military,” asserting that such a force would ensure the United States remains “SAFE and SECURE, regardless of foe.” He linked the feasibility of the higher budget figure to revenue generated from tariffs, claiming that “tremendous numbers” from tariff income had made the larger figure viable. “Because of Tariffs, and the tremendous Income that they bring, amounts being generated, that would have been unthinkable in the past … we are able to easily hit the $1.5 Trillion Dollar number,” Trump wrote. He added that this approach would also allow for “pay[ing] down Debt” and providing a “substantial Dividend to moderate income Patriots within our Country.”

Trump contrasted current tariff revenues with what he described as the lower expectations under “the Sleepy Joe Biden Administration, the Worst President in the History of our Country!”

This statement comes in the context of ongoing debates about defense spending under both the Biden and Trump administrations. Under President Joe Biden, the Department of Defense’s budgets have seen incremental increases — reaching $886 billion in the 2024 request — but have also faced criticism from Republicans who argue that inflation has effectively turned these increases into cuts. (Read more from “Trump Calls for $1.5 Trillion to Build ‘Dream Military,’ Pay Down Debt, Give Dividend to ‘Moderate Income Patriots’” HERE)

Photo credit: Gage Skidmore via Flickr

Dan Bongino Returns to Civilian Life by Trading Brutal Insults With Ex-Lawmaker Matt Gaetz: ‘Piece of S***’

Former deputy FBI director Dan Bongino returned to his life as a conservative content creator this week and kicked things off by getting into a profanity-filled argument with former congressman Matt Gaetz on X.

The two MAGA-affiliated media personalities began trading barbs at one another Tuesday morning, after Gaetz undermined Bongino’s political credentials by asking Grok, X’s artificial intelligence chatbot, to recount Bongino’s three unsuccessful congressional elections.

“Maybe if I spent more time at shady parties with monied insiders I would’ve won. I heard you’d know a bit about that. You’ve always been a d*** by the way,” Bongino responded to Gaetz. “Grifting off your daddy like a suckling little doggie. When I first met you in the panhandle I knew you were a piece of s***. It’s written all over that phony face of yours,” he added.

Bongino’s harsh insult kicked off a series of exchanges between the two that lasted through the afternoon.

Gaetz told Bongino to “take a chill pill,” Bongino referenced accusations of Gaetz being antisemitic, Gaetz reminded Bongino that he once endorsed him, and Bongino maintained his belief that Gaetz is “a d***.” (Read more from “Dan Bongino Returns to Civilian Life by Trading Brutal Insults With Ex-Lawmaker Matt Gaetz: ‘Piece of S***’” HERE)

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Trump Kept Venezuela Under Maduro Loyalists After CIA Flagged Opposition Risks: REPORT

A classified U.S. intelligence assessment concluded that top figures within Nicolás Maduro’s regime would be best positioned to maintain short-term stability in Venezuela in the immediate aftermath of the dictator’s removal, according to The Wall Street Journal (WSJ).

The Central Intelligence Agency (CIA) analysis, which was briefed to President Donald Trump and shared with a small circle of senior administration officials, reportedly shaped Trump’s decision to back Maduro’s vice president, Delcy Rodríguez, rather than opposition leader María Corina Machado as an interim leader, WSJ reported.

“I think it would be very tough for her to be the leader if she doesn’t have the support within, or the respect within the country,” Trump said during a Saturday press conference after U.S. forces captured Maduro to face federal narco-terrorism charges in New York. “She’s a very nice woman, but she doesn’t have the respect.”

Trump concluded that Venezuela’s short-term stability would depend on whether the next leader retained the loyalty of the country’s military and ruling elites, according to people familiar with the intelligence review cited by the outlet.

Senior administration officials commissioned the CIA to analyze day-after scenarios amid internal debates over how Venezuela might be governed if Maduro were removed. While the report did not recommend regime change or speculate on how Maduro might lose power, it evaluated who could maintain order if that outcome occurred, WSJ reported. (Read more from “Trump Kept Venezuela Under Maduro Loyalists After CIA Flagged Opposition Risks: REPORT” HERE)

Hegseth: America’s Military Is ‘Already Surpassing’ Last Year’s Recruiting Figures

The U.S. military is “already surpassing” the recruiting numbers it saw during last year’s recruiting surge, Secretary of War Pete Hegseth disclosed on Monday.

The revelation came during a swearing-in ceremony for new recruits conducted in front of military recruiting stations in Newport News, Virginia. Hegseth officiated the oath for incoming members of the armed services, including new members of the Virginia National Guard.

While acknowledging the Biden-era recruiting crisis, Hegseth noted that the recruiting environment is “exceedingly different today than it was just a year ago following the election of President Trump and the changes we’re making at the War Department.” The secretary went on to reveal that “for this year that we’re entering into,” the military is “already surpassing” last year’s figures.

“We’re setting new records at the War Department of historic recruitment of men and women wanting to join the ranks, and you’re a part of that. So, congratulations,” Hegseth said.

The secretary did not provide specific numbers during his remarks. (Read more from “Hegseth: America’s Military Is ‘Already Surpassing’ Last Year’s Recruiting Figures” HERE)

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DC Pipe Bomb Suspect Brian Cole Jr. Hit With Federal Indictment on Jan. 6 Anniversary

DC pipe bomb suspect Brian Cole Jr. was hit with a federal indictment on Tuesday — roughly five years after he allegedly planted explosives on the eve of the Jan. 6 Capitol riot.

The federal indictment charged Cole with interstate transportation of explosives and malicious attempt to use explosives, for allegedly placing two pipe bombs by the Republican and Democratic National Committee headquarters on the evening of Jan. 5, 2021, the US Department of Justice announced.

“Given that Cole crossed state lines and targeted the political leadership of both parties, for which there is an inherent crime of federal jurisdiction, handling this in federal court is most proper,” US Attorney Jeanine Pirro said in a statement on Tuesday.

“The FBI and my office worked around the clock to ensure that this defendant is charged with the right crimes for his dangerous acts,” Pirro said.

The charges in the federal indictment were the same as those waged against him in a complaint filed last month. (Read more from “DC Pipe Bomb Suspect Brian Cole Jr. Hit With Federal Indictment on Jan. 6 Anniversary” HERE)

Tearful 911 Call Reported Domestic Dispute at Home of Dentist, Wife, Months Before They Were Found Dead: Report

A woman called 911 to report what dispatchers described as a “domestic dispute” at the home of a beloved Ohio dentist and his wife months before the couple was found shot dead, according to a report.

Spencer Tepe, 37, and his wife, Monique, 39, were shot dead sometime between 2 a.m. and 5 a.m. on Dec. 30 in the upstairs of their residence — as their two children and dog remained unharmed inside, cops said.

An unknown woman called 911 around 2:45 a.m. on April 15 at the same Weinland Park address where the Tepe family lived, according to dispatch audio obtained by Fox News Digital.

The woman hung up while calling authorities, prompting an operator to call her back to make sure she no longer needed help, the audio clip showed. . .

Tepe, who worked at the Athens Dental Depot, was found with multiple gunshot wounds, and Monique suffered at least one shot to the chest, according to police records.

The Tepes were found dead after coworkers grew concerned when Spencer didn’t show up for work on the morning of Dec. 30. (Read more from “Tearful 911 Call Reported Domestic Dispute at Home of Dentist, Wife, Months Before They Were Found Dead: Report” HERE)

Trump Administration Confirms Military Option Remains on Table in Effort to Bring Greenland Closer to U.S. Control

The White House says discussions are underway about strategies to bring Greenland into closer alignment with the United States — and officials acknowledge that the potential involvement of U.S. military resources remains among the options being reviewed.

In comments provided to Reuters, administration officials described Greenland as a key national security priority due to its strategic Arctic position and rising international competition in the region. The president, they said, views U.S. influence in the Arctic as essential to countering growing Russian and Chinese activity.

According to the White House statement, Trump and senior advisers are evaluating “a range of options” related to the island, emphasizing that the commander-in-chief always retains the ability to utilize the military if necessary. Internal deliberations have reportedly intensified in recent days, with advisers examining multiple diplomatic and strategic pathways to strengthen U.S. control or partnership with Greenland.

The renewed push comes despite repeated objections from Greenlandic leaders, who have dismissed any notion of transferring sovereignty or becoming part of the United States. Those objections have not slowed discussions within the administration, one senior U.S. official told Reuters, asserting that the issue remains firmly on the president’s agenda for the remainder of his term.

White House Press Secretary Karoline Leavitt reiterated the administration’s position, calling Greenland essential to American defense strategy and deterrence efforts in the Arctic. The administration argues that U.S. control — formal or otherwise — would bolster Western security capabilities across the North Atlantic and Arctic passageways.

Officials are said to be weighing several scenarios, including a full territorial purchase or a Compact of Free Association (COFA) arrangement. Under a COFA-style agreement, Greenland would retain self-governance while entering into a deep strategic and economic partnership with the U.S., similar to existing agreements with certain Pacific island nations. No estimated purchase figure has been discussed publicly.

While military options remain formally available, administration aides emphasized that Trump prefers to pursue negotiations first and continues to frame the effort as a diplomatic initiative rooted in deal-making. The president, they noted, is inclined toward an agreement if favorable terms can be reached.

Trump has long argued that Greenland’s position between North America and Europe makes it uniquely valuable from both a defense and transportation standpoint. In December, he appointed Louisiana Gov. Jeff Landry to serve as U.S. envoy overseeing the Greenland initiative, signaling the administration’s commitment to advancing the effort.

Trump Says Venezuela Turning Over Huge Stockpile Of Oil To US

President Donald Trump announced Tuesday that interim authorities in Venezuela will transfer tens of millions of barrels of oil to the United States.

Trump said on Truth Social early Saturday that U.S. forces seized Nicolás Maduro and ousted him during a large-scale strike in Venezuela. Trump announced on a Truth Social post that Venezuela will turn over between 30 million and 50 million barrels of high-quality, sanctioned oil to the United States.

“Interim Authorities in Venezuela will be turning over between 30 and 50 MILLION Barrels of High Quality, Sanctioned Oil, to the United States of America,” Trump wrote. “This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States!”

The president directed Energy Secretary Chris Wright to carry out the plan immediately.

“I have asked Energy Secretary Chris Wright to execute this plan, immediately. It will be taken by storage ships, and brought directly to unloading docks in the United States,” Trump added. (Read more from “Trump Says Venezuela Turning Over Huge Stockpile Of Oil To US” HERE)

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Thomas Massie Stands His Ground as Trump Backs Primary Challenger Over Maduro Operation Criticism

As political tensions intensify inside the Republican Party, Kentucky Congressman Thomas Massie has again found himself at the center of a national debate — not for abandoning conservative principles, but for standing firmly on them.

Following Massie’s outspoken criticism of the weekend operation to capture Venezuelan strongman Nicolás Maduro, former President Donald Trump called for a primary challenge against him and endorsed Navy SEAL veteran Ed Gallrein. Trump praised Gallrein as an “America First” candidate and urged supporters to rally behind him.

Trump issued a blistering post on Truth Social, labeling Massie a “weak and pathetic RINO” while touting Gallrein’s military credentials and support for the strike against Maduro. The endorsement signals a direct effort to unseat the Kentucky lawmaker for refusing to fall in line behind U.S. intervention abroad.

Massie, however, has never fashioned himself as a party-line politician. Over the years, he has built a reputation as one of the few Republicans willing to challenge executive power — regardless of who occupies the Oval Office.

His criticism of the Maduro operation was no exception.

Across multiple posts on X, Massie questioned the legality, strategic wisdom, and long-term consequences of the raid. In doing so, he echoed the same caution he has consistently applied to foreign conflicts, federal overreach, and hasty military action carried out without full congressional debate.

Rather than cheer another show of force overseas, Massie urged Americans to consider precedent, constitutional authority, and the risks of mission creep — themes that have long defined his political identity.

Yet even under intense pressure and open opposition from Trump himself, Massie has not backed down.

He has made it clear that his job is not to serve a political figure or movement — but the Constitution, his district, and the values he has defended since first entering Congress.

Whether voters ultimately reward that conviction or punish it at the ballot box remains to be seen. But one thing is undeniable:

Thomas Massie is standing his ground — not out of defiance toward his party, but out of loyalty to the principles he believes the party should stand for.