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California Billionaire Wealth Tax Gets Enough Signatures To Qualify For November Ballot

California
International Business Times Fews App News Provider
Fews App Post Time Hace 4h

California Governor Gavin Newsom is opposed to the measure. Getty Images California's billionaire wealth tax ballot initiative got enough signatures to qualify for the November election. The ballot measure would levy a one-time tax of up to 5 percent tax on taxpayers and trusts with assets valued at more than $1 billion.

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