Source: New York Post
California’s proposed billionaire tax may be qualified to appear on the ballot this November, but should it get placed, it will have competition with another initiative that if passed would render the tax moot. A measure to “require audits of programs funded by new state special taxes” qualified for the ballot, the California Secretary of State announced late Tuesday, with more than 962,000 signatures and will be certified June 25th unless withdrawn. It’s the first to qualify of the multiple ballot proposals backed by Building A Better California, a group where Google co-founder Sergey Brin and other Bay Area tycoons have poured tens of millions of dollars into to fight the billionaire tax.
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