POLITICSCALMATTERS
Five California propositions ask the same question: Who should pay billions in taxes?
Five California propositions, including Proposition 40 and its counterparts Prop 3 and Prop 43, ask voters who should pay billions in taxes to fund local public services. The measures range from Prop. 40's proposed 5% tax on the personal wealth of billionaires to efforts to permanently extend or limit various income surtaxes and special taxes.
Mentioned
Related Signal
Adjacent reporting
- California’s billionaire tax measure risks long-term growth for a sugar-high solution
- California’s billionaires just poured $40 million into blocking a wealth tax that threatens to force them to pay 5% of their net worth
- California voters will decide 14 ballot measures, billionaire tax included. There could’ve been more
- California billionaire tax proposal is slated to qualify for the November ballot
- California voters will consider a measure in November to raise taxes on billionaires