Politics
California Billionaire Tax Rejected by Voters in Key Ballot Decision
The proposed California billionaire tax has been rejected by voters, halting a major effort to levy additional taxes on the state's wealthiest residents.
Tag: Taxes
Politics
Californians Reject Wealth Tax for Billionaires on State Ballot
California voters have rejected Proposition 40, defeating a proposed wealth tax for billionaires that would have taxed total assets and income at 5 percent.
