California Democrats Defy Gov. Gavin Newsom, Endorse Billionaire Wealth Tax Proposal Ahead of November Vote
California Democrats endorsed a billionaire tax measure for the November ballot despite opposition from Gov. Gavin Newsom.
California Democrats want to create a new tax on super-rich people's stuff, even though their governor disagrees. This could affect big tech companies and their billionaire owners, so watch whether this tax passes and how much money it might collect from them.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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