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Sneaky billionaire tax clause could eventually target middle class taxpayers, business group warns

Sneaky
New York Post Fews App News Provider
Fews App Post Time ha 15h

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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