California Billionaire Tax Proposal Qualifies for State Ballot
A proposed billionaire tax in California has garnered enough signatures to officially qualify for the state's upcoming ballot. Supporters believe this measure will address wealth inequality.
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Billionaire tax proposal in California is on track to qualify for the ballot, backers say - AP News
Billionaire tax proposal in California is on track to qualify for the ballot, backers say AP News
Read full article →California Billionaire Tax Has Enough Signatures to Land on Ballot, Backers Say
The measure calls for placing a one-time 5 percent tax on the assets of California residents with at least $1.1 billion. Opponents are backing competing measures to counter the tax.
By Laurel Rosenhall
Read full article →California billionaire tax proposal garners enough signatures to head to ballot
Proposal for a one-time 5% tax on billionaires in the state is opposed by Silicon Valley tech titans and Gavin Newsom Proponents of a proposal to levy a one-time tax on California billionaires say they’ve gathered enough signatures to place the measure on the ballot in November. The campaign says it has collected more than 1.5m signatures, according to a statement. Continue reading...
By Guardian staff and agency
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