Dossier
one-time 5% tax on the assets of billionaires
Coverage of one-time 5% tax on the assets of billionaires in the Nexus archive.
- Prop 40: Despite Newsom's opposition, CA Democrats endorse billionaire tax measure
The California Democratic Party has endorsed Prop. 40, a November ballot measure imposing a one-time 5% tax on billionaires' assets. The endorsement occurs despite opposition from Governor Gavin Newsom.