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california-taxes

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California Billionaire Tax Measure Qualifies for November BallotSubstrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)
finance4 days ago

California Billionaire Tax Measure Qualifies for November Ballot

A proposed wealth tax on California's billionaires has secured enough signatures to appear on the November ballot, drawing opposition from Silicon Valley figures. The measure targets assets over $1 billion with a 5% one-time levy to fund healthcare. Meanwhile, data center expansi…

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