Will California tax its billionaires?

theweek.com/politics/california-tax-billionaires

There are more than 200 billionaires in California. Now, Golden State labor leaders are pushing for tax on that wealth to help pay for education and Medicaid funding shortfalls.
California lawmakers “have never successfully passed a wealth tax,” said CalMatters. Instead, the state taxes…

This story appeared on theweek.com, 2025-11-14 18:36:20.
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