Latest / Los Angeles News Today | 2 Min News | THE DAILY NOW!
Voters Weigh In on Controversial Billionaire Tax | Los Angeles News
Corey discusses Proposition 40, a proposed one-time five percent tax on billionaires in California, stirring debate about equity and potential hidden agendas. Supporters argue it targets the wealthy, while opponents fear it could lead to broader tax changes with just a two-thirds vote from lawmakers. The Service Employees International Union insists that any amendments must align with the tax's original intent. Legal experts confirm that significant changes would require voter approval. The www.TheDailyNewsNow.com This is an automated, high-level news summary based on public reporting and…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.