The Billionaire Tax Fight & AI Sends Big Banks Scrambling | 10.23.26 artwork
Morning Wire

The Billionaire Tax Fight & AI Sends Big Banks Scrambling | 10.23.26

Oct 23, 2026 · 20 min

California is poised to impose the first ever billionaire tax, sparking ultimatums from the state’s most crucial taxpayers, Banks are gameplanning for possible doomsday scenarios as the threat of AI becomes more apparent, and Netflix sees major staffing shakeups amid growing concern about its massively expensive Narnia adaptation. Reporting from Tim Rice, Cabot Phillips & Megan Basham. Get the fac…