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California’s billionaire tax faces defeat, but Democrats plan higher taxes on the wealthy

· cnbc.com · popularity 38/100 · 0 similar stories today · Wealth, Power & Society (Society, Rights & Work)

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Summary

The likely defeat of the California billionaire tax may energize Democrats in Congress to propose federal tax hikes on high earners, according to tax experts.

Found in: CNBC Top News. Rating basis: single outlet; outlet tier 5; 1 feeds; feed position 7.