#CaliforniaTax #WealthInequality #BillionairesTax
www.nytimes.com
California's Billionaire Tax Battle
Wealthy residents of the state have put millions of dollars toward stopping a proposed 5 percent tax on their assets.
Jon Feldhammer, like many Californians, often passes canvassers holding clipboards at the grocery store or on his commute to work.
#CaliforniaTax #TechIndustry #Billionaires
nypost.com
Google co-founder teams up with ex-CEO, rich techies to fight...
Google co-founder Sergey Brin and former Google CEO Eric Schmidt have banded together with some of Silicon Valley's wealthiest moguls to create a new, pro-business organization that is poised to lobby against the proposed billionaire tax in California.
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#CaliforniaTax #WealthInequality #PoliticalDebate
www.bloomberg.com
Can Newsom Stop California's Billionaire Tax?
The proposed tax, which would impose a tax of up to 5% on California residents with assets valued at more than $1 billion, is still just a proposal and has not yet been put to voters, but it has already sparked opposition from some billionaires and tech executives.