The billionaire tax could be defeated by two other tax measures. Here’s how
California voters will soon decide whether to tax billionaires, but even if a majority says yes, the measure could still lose to either of
California voters will soon decide whether to tax billionaires, but even if a majority says yes, the measure could still lose to either of two billionaire-funded measures designed to cancel it out. The billionaire-backed group Building a Better California designed two countermeasures to undermine the wealth tax and create multiple ways to defeat it.
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Original reporting: CalMatters.
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