California voters reject billionaire tax designed by French-American economists
The one-time 5% tax on billionaires, which was put to a referendum on November 3, was rejected according to the Associated Press. Following the Democratic victory in the midterm elections, the debate over taxing big fortunes is nevertheless expected to return to the forefront.
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- California voters reject proposed billionaire tax cbc.ca
- California voters reject billionaire wealth tax, CBS News projects cbsnews.com
- California voters reject measure to tax wealth of billionaires japantoday.com
- California voters defeat billionaire tax proposal that divided Democrats npr.org
- California Voters Reject Prop. 40 Billionaire Tax Measure nytimes.com
