Proposition 40 And The Billionaire Exodus: Why A One-Time Wealth Tax Is A Bad Wave To Paddle For
Proposition 40 And The Billionaire Exodus: Why A One-Time Wealth Tax Is A Bad Wave To Paddle For – California voters will decide this November on a 5 percent tax on billionaires’ wealth, but new research challenges the economics behind it, and billionaire departures have already shrunk the very base it aims to tax