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California could become the first State to tax billionaires' wealth

Proposition 40 would impose a one-time 5% tax on the wealth of Californians whose net worth exceeds $1 billion, with most of the revenue dedicated to replacing federal funding cuts to healthcare

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The HinduLean L·1h ago
California could become the first State to tax billionaires' wealth
Proposition 40 would impose a one-time 5% tax on the wealth of Californians whose net worth exceeds $1 billion, with most of the revenue dedicated to replacing federal funding cuts to healthcare
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California could become the first State to tax billionaires' wealth

How 1 sources are covering this

California could become the first State to tax billionaires' wealth

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