Billionaire tax rejected on concern squeezing California's ultra-rich would harm the economy
Supporters of Proposition 40, a proposal to tax California billionaires to mostly fund healthcare, faced opposition from politicians, a teachers union and other powerful groups before residents cast their votes.
Full story
Read the full story at The Los Angeles Times - Politics ↗
Continue reading this story on The Los Angeles Times - Politics, the publisher that reported it.
AI tools
Written by AI from the article text. It can make mistakes; check the original story.
