California’s billionaire tax proposal heads to voters as Newsom pushes national wealth tax
California voters will decide whether the state’s billionaires should face a 5% net-worth tax in November after Gov. Gavin Newsom’s (D-CA) opposition to the idea failed to stop it from getting on the ballot.
The ballot measure will decide if the state should impose a one-time 5% tax on its billionaire residents, an idea that […]
California Billionaire Tax Goes to Ballot
- Newsom begs Californians to vote 'no' on billionaire's tax in face of mass exodus, pitches nationwide tax hike Fox News —
- The California billionaire tax is headed to the ballot. The ultrawealthy are bracing for what comes next. Business Insider —
- Newsom proposes federal billionaire tax and AI "public equity" fund CBS News —
- Gavin Newsom urges a national 'billionaires' tax' while fighting one in California The Guardian —
- Gavin Newsom backs nationwide billionaire tax and an AI equity fund: 'Every American should own a piece' Business Insider —