The Economic Treachery Masquerading As California’s Fiscal Policy
As the November election draws near, California’s Prop 40 — the “Billionaire Tax Act” designed to confiscate 5% of the wealth of any billionaire living in the state on January 1 of this year — is coming down to the wire. Some voters appear
Republican Ledger staff · 12:00 AM ET

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As the November election draws near, California’s Prop 40 — the “Billionaire Tax Act” designed to confiscate 5% of the wealth of any billionaire living in the state on January 1 of this year — is coming down to the wire. Some voters appear leery of its revenue promises and the economic cost of driving ...
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