California sinks its billionaire tax as a Brin-backed wealth tax ban leads
· thenextweb.com · popularity 19/100 · 0 similar stories today · Wealth, Power & Society (Society, Rights & Work)
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Summary
California voters have rejected Proposition 40, a one-time tax on the wealth of the state’s billionaires. The Associated Press called the race on Monday. California was still counting mail ballots nearly a week after the 3 November election. The measure would have charged 5% on the net worth of residents worth more than $1bn. It […] This story continues at The Next Web
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