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California’s Billionaire Wealth Tax Debate | Fort Wayne News
California’s poised to slap a 5% wealth tax on billionaires this November, targeting assets from stocks to art to raise $100 billion for crumbling public services. But the chatter’s already causing flight—Zuckerberg and Google founders among them—potentially costing the state a trillion in lost revenue. Supporters say it’s long overdue fairness, while critics warn it could destabilize the economy. As the ballot looms, the state’s grappling with a high-stakes debate over who pays, who benefits, and what the future holds for public funding. Listen in comfort:Get a discount on a Soli Pillow…
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