California voters will decide this November whether to impose a one-time wealth tax on the state’s roughly 200 billionaires, a measure pitched by supporters as narrow and temporary. But some high-net-worth Californians are not waiting to see whether it passes. Several prominent founders and investors have already moved, reduced California ties, or shifted assets ahead of the proposal’s Jan. 1 residency date.

Supporters say the tax would directly apply only to the wealthiest sliver of residents. Not everyone in its path is convinced the one-time label will hold.

Joshua Rauh, professor of Finance at Stanford’s Graduate School of Business and senior fellow in Economics at the Hoover Institution, argued the exodus carries costs well beyond the billionaires themselves. He sat down with “California Insider” to explain what is written into the measure that has some of the state’s wealthiest residents preparing for it as if it will not stop at one time.

*Views expressed in this video/article are opinions of the author and do not necessarily reflect the views of California Insider.

California’s wine industry is already under pressure, and in Santa Barbara County, wineries now face another cost. Since April 2025, businesses that sell wine directly to customers have been required to pay a 1 percent fee on those sales.

The fee funds a private trade association that wineries are also required to join, with no option under the current county rule to opt out of either the payment or the membership. Similar requirements have already taken hold in other California wine regions, and for some businesses, that has raised a bigger question about how far this kind of arrangement could reach.

Flying Goat Cellars owners Kate Griffith and Norman Yost, along with Goldwater Institute attorney Adam Shelton, explain why their small Lompoc winery is now the plaintiff in a federal lawsuit against Santa Barbara County. Griffith says the outcome could matter well beyond wine, and Shelton lays out the legal argument behind the case.

*Views expressed in this video/article are opinions of the author and do not necessarily reflect the views of California Insider.

The pistachios on supermarket shelves around the world most likely came from California’s Central Valley, where roughly two-thirds of the global supply now grows. The crop has no native history in the state, and most Californians drive past these orchards every day without knowing what they are or how they got there.

The industry’s current chapter is stranger than its rise. Even with worldwide demand increasing, the growers who helped build the industry have nearly stopped planting new trees, and the pause traces back to what’s happening with California’s water. Whether food is grown locally is a question that follows residents on every grocery run, and the people who work this ground are assessing things season by season.

Tom Coleman, chair of the Administrative Committee for Pistachios and owner of Coleman Farming Co., has been growing pistachios since 1982, when the industry barely existed. Alongside Stephen Vasquez, the committee’s executive director, he explains how a crop nobody expected to take hold became a world leader, and what now decides whether it keeps growing. Coleman traces the industry’s rise back to his own worst harvest, and to something that had nothing to do with farming technology.

*Views expressed in this video/article are opinions of the author and do not necessarily reflect the views of California Insider.