Liberals hope California ballot measure will be the foot in the door for wealth taxes
Californians will decide this November whether to impose a historic one-time wealth tax on billionaires. If they are successful, proponents hope to launch similar efforts across the country to tax the wealth of the ultra-rich. Passage of Pr
Republican Ledger staff · 5:00 AM ET
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Californians will decide this November whether to impose a historic one-time wealth tax on billionaires. If they are successful, proponents hope to launch similar efforts across the country to tax the wealth of the ultra-rich.
Passage of Proposition 40 would enact the first state-level wealth tax, which the ballot measure’s backers, including socialists, see as […]
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