Controversial Billionaire Tax Will Appear on California Ballot This Fall

Source: TIME · Bias: Center Left

Summary

The proposed measure, which would impose a one-time 5% wealth tax on California billionaires, is opposed by Gov. Gavin Newsom and other top lawmakers in the state.

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Controversial Billionaire Tax Will Appear on California Ballot This Fall
TIME

Controversial Billionaire Tax Will Appear on California Ballot This Fall

Center Left

The proposed measure, which would impose a one-time 5% wealth tax on California billionaires, is opposed by Gov. Gavin Newsom and other top lawmakers in the state.