California’s Other Wealth Tax
California is once again testing how much punishment capital will tolerate before it packs a bag. The state’s impending ballot proposition imposing a “billionaire’s tax” has drawn plenty of attention for precisely that reason: If the tax drives enough wealth elsewhere, it could lose more revenue than it raises. But a quieter proposal now moving ... California’s Other Wealth Tax The post California’s Other Wealth Tax appeared first on Truth on the Market.
The skinny
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