California puts first US billionaire tax to the vote

Opponents of the proposal, including Google co-founder Sergey Brin, have raised more than US$205 million to defeat the measure, arguing it would drive wealthy residents out of California and erode state tax revenue. (EPA Images pic) LOS ANGELES: When Americans vote in next month's midterm elections, one question on the ballot in California could echo far beyond the state: should the ultra-wealthy pay a special tax on their fortunes? (Free Malaysia Today, 14:28)

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  Free Malaysia Today·News·EN·15 Oct, 14:28 MYT

  California puts first US billionaire tax to the vote

  Opponents of the proposal, including Google co-founder Sergey Brin, have raised more than US$205 million to defeat the measure, arguing it would drive wealthy residents out of California and erode state tax revenue. (EPA Images pic) LOS ANGELES: When Americans vote in next…

  Read at Free Malaysia Today ↗

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