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California proposes billionaire tax set for November ballot
2 sourcesFirst reported 26 days agoUpdated 26 days ago
Left 100%
2 left-leaning
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What all sources covered
- California plans to impose a one-time 5% tax on billionaires.
- The tax targets residents with wealth exceeding $1 billion.
- Progressives support the initiative while wealthy opponents resist it.
- The proposal will be put to a vote in November.
- Funding from billionaires in Silicon Valley is aimed at opposing the tax.
2 sources
Who reported first
The GuardianFirst
Ethnos+11h
All coverage
