Economy

Can A 5% Wealth Tax On 200 Billionaires Save—Or Sink—California?”

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Nov 14, 2025 - 15:00
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Can A 5% Wealth Tax On 200 Billionaires Save—Or Sink—California?”
In this article, I outline California's proposed 2026 Billionaire Tax Act — a proposed 5% tax on 200 billionaires — and discuss the pros and cons of the proposal.
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