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Billionaire tax on California ballot causing a stir

Billionaire tax on California ballot causing a stir
Photo: KTVU FOX 2 News · view original

California voters are deciding on California Proposition 40, a proposed measure on the ballot that would enact the first-ever state-level wealth tax targeting billionaires. Supporters argue that the superrich have accumulated trillions in wealth while paying little relative income tax. Opponents...

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