{
  "id": 16562822,
  "title": "The wealth tax: Where did all the money go?",
  "url": "https://urgent.news/2026/10/26/the-wealth-tax-where-did-all-the-money-go-16562822",
  "topic": "world",
  "section": "World",
  "published": "2026-10-26T05:07:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/opinion/20261026/the-wealth-tax-where-did-all-the-money-go"
  },
  "original_language": "en",
  "account": null,
  "summary": "Shocker alert: A new study concludes that California’s latest soak-the-rich tax proposal could result in a loss of revenue. Hard to believe. California voters in November will decide on Proposition 40, a supposed “one-time” 5 percent net worth on the assets of billionaires. The rest of the nation — including Nevada — should pay close attention to the results because this is a dry run for…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}