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Topic: tax-policy

The California State Capitol in Sacramento
Personal Finance
Friday, 6/26, 06:36 AM

California's Billionaire Tax Heads to the Ballot After a Deal Collapses

  • California voters will decide in November on a one-time 5% tax on the net worth of the state's roughly 200 billionaires, after a deadline to strike a legislative compromise passed.
  • It would be the first true wealth tax on a U.S.
  • state ballot in decades — and supporters and critics agree on almost nothing about whether it would work.

tax-policy — news and stories on this topic

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