Democrats Join Billionaires in Opposing California's Proposed Billionaire Wealth Tax
Prominent Democrats and allied groups, alongside wealthy donors who fund most of the campaign, are opposing Proposition 40, a California ballot measure that would tax billionaires' net worth, with opponents warning it could extend to other taxpayers.
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| Oct 9, 9:55 AM | fortune.com | ‘Trojan horse’: California’s top 1% pay nearly half the state’s income taxes. Prop 40 opponents warn the billionaire tax could reach everyone else |
| Oct 9, 9:19 AM | washingtontimes.com | Top Democrats and allies join the wealthiest to fight a California billionaire tax |
| Oct 9, 8:37 AM | abcnews.com | Top Democrats join the wealthiest in fighting a California tax increase on billionaires |