California Voters to Decide on Props 41 and 42, Challenging the Billionaire Tax
Supporters say the 5% levy would raise tens of billions of dollars to offset federal Medicaid cuts.
6 Articles
6 Articles
In the state of the American dream and the great fortunes of technology, the referendum on the creation of a tax on billionaires divides the democrats, but also the unions. Many forces are trying to bring down the proposal, which will be put to the vote on 3 November.
Economist Gabriel Zickman documents Silicon Valley's tactics. The article California: Battle for "Proposition 40" – How Billionaires Fight a 5% Tax appeared first on Documento.
The battle over California’s billionaire tax
If you live in California, you will have been inundated with a barrage of ads over several propositions that are on the ballot in the upcoming elections. The main ones are Propositions 40, 41, and 42 and all relate directly or indirectly to a proposed wealth tax on billionaires. While Proposition 40 deals directly with […]
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- 67% of the sources lean Left
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