California's Billionaire Tax Heads to November Ballot as Prop 40
5 Articles
5 Articles
Contributor: Raise taxes on billionaires federally, not state by state
Proposition 40, California's proposed wealth tax, takes aim at the ultra-rich, but critics warn it could erode the state's innovation edge and push entrepreneurs to lower-tax states.
California's Billionaire Tax Heads to November Ballot as Prop 40
A ballot measure that would impose a one-time 5% wealth tax on California’s richest residents has qualified for the November The post California’s Billionaire Tax Splits Democrats as It Heads to a November Vote appeared first on .
California’s Fake Patriotic Billionaires
In six weeks, Californians will vote on whether the state should impose a 5% surtax on billionaires. It’s all part of California’s new brilliant income redistribution strategy of repelling rich people and attracting the homeless and welfare recipients. But there are at least two high-profile billionaires in the state who support it: One is Tom Steyer, who took third in the state’s Democratic primary for governor earlier this year. The other is J…
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