https://x.com/nic_carter/status/2112653890961232351
A proposed 5% wealth tax on California billionaires could cost the state up to $40 billion. It targets 200 billionaires worth $2.3–2.6 trillion. A new Stanford paper argues the tax has negative net value due to unexpected billionaire departures.
#california #tax #billionaires #wealth #stanford #medicaid
A proposed 5% wealth tax on California billionaires could cost the state up to $40 billion. It targets 200 billionaires worth $2.3–2.6 trillion. A new Stanford paper argues the tax has negative net value due to unexpected billionaire departures.
#california #tax #billionaires #wealth #stanford #medicaid
Views: 1
Categories: News & Updates [c3], Projects & Resources [c5]