Source: New York Post
California’s controversial billionaire tax could eventually hit more than just the people at the top of the financial food chain — eventually hurting the everyday Californian — according to a powerful Sacramento business group. The California Business Roundtable, which represents major employers in California, claimed in a memo obtained by The California Post that the proposed tax — which will go before voters in November after gathering more than 1. 6 million signatures — could be later tweaked to go after non-billionaires.
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