
California Billionaire Tax Backers Propose Lower Rate for Deal
Supporters of a proposed California billionaire tax are now offering to reduce the tax rate in an effort to secure a deal. This move comes as they push for the implementation of the wealth tax.
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Union Behind California Billionaire Tax Offers to Reduce the Rate
The health care workers’ union that made it to the ballot with its plan to impose a 5 percent tax on billionaires’ wealth told Gov. Gavin Newsom it would accept a 2 percent levy instead.
By Laurel Rosenhall
Read full article →California Billionaire Tax Backers Float Lower Rate in Push for Deal - Bloomberg.com
California Billionaire Tax Backers Float Lower Rate in Push for Deal Bloomberg.com
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