The Aporia
The Aporia
3 articles about 3 events for “California Wealth Tax Backlash”.
“Yet voters are rejecting Proposition 40, the billionaire wealth tax, while making permanent the income tax bracket that applies only to millionaires.”
“California billionaires outspent the ballot measure’s supporters 250-to-1 to sink the tax, which would have put a one-time 5% levy on individuals’ accumulated wealth to fund healthcare in the state.”
“Dinging California’s billionaires with a wealth tax feels pretty good to almost everyone.”