The measure calls for placing a one-time 5 percent tax on the assets of California residents with at least $1.1 billion. Opponents are backing competing measures to counter the tax.
California Billionaire Tax Has Enough Signatures to Land on Ballot, Backers Say
The New York Times - 27 Apr 2026 04:17
The measure calls for placing a one-time 5 percent tax on the assets of California residents with at least $1.1 billion. Opponents are backing competing measures to counter the tax.
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