California voters reject measure to tax the wealth of billionaires
California voters have rejected a first-in-the-nation tax on the net worth of billionaires following a contentious ballot fight that generated huge spending by some prominent tech leaders eager to stop their taxes from going up. The measure would have imposed a one-time 5% tax on the wealth of Californians whose net worth exceeds $1 billion. FRANCE 24's correspondent in Los Angeles Loic Pialat…
We haven't written up this one. France 24 has the full story — the link below goes straight to it.
