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Billionaire tax rejected on concern squeezing California's ultra-rich would harm the economy

1 source1 article First seen Updated United States Truth score 43

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Summary

Supporters of Proposition 40, a proposal to tax California billionaires to mostly fund healthcare, faced opposition from politicians, a teachers union and other powerful groups before residents cast their votes.

Description from Los Angeles Times.

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  1. Los Angeles Times Leans left Factuality: High US
    Billionaire tax rejected on concern squeezing California's ultra-rich would harm the economy

    Supporters of Proposition 40, a proposal to tax California billionaires to mostly fund healthcare, faced opposition from politicians, a teachers union and other powerful groups before residents cast their votes.

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