🦋bluesky first seen 4 d ago, last 2 d ago, peak #1
California Weighs Tax on Billionaire Wealth
Original: California billionaire wealth tax
California is facing renewed debate over a proposed tax on the wealth of its billionaires, a policy that would target ultra-rich residents of a state home to many of the world's wealthiest people. Supporters argue it would raise revenue for public services, while critics warn it could push billionaires and businesses out of the state. The discussion comes amid ongoing national arguments over taxing extreme wealth.
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