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California could become the first state to tax billionaires' wealth

California could become the first state to tax billionaires' wealth
Photo: NBC Bay Area (KNTV, NBC) · view original

California could become the first state in the nation to tax the net worth of billionaires Tuesday under a ballot measure that has divided liberal leaders nationally and triggered one of the most expensive ballot fights in state history as the ultra-rich scramble to figure out whether they would...

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