Source: New York Post
California’s billionaire tax is now splitting Big Labor. Chris Hannan, president of the powerful State Building and Construction Trades Council, slammed the proposal in an interview with Politico, saying it could end up crushing big projects like sports arenas and other large-scale developments that employ skilled tradesmen up and down the state. “It’s not because we feel that anyone shouldn’t have to pay their fair share, but doing a retroactive tax, we believe, would drive people out of the state and drive investment out of the state,” Hannan told the outlet.
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