Story thread · 36 reports / 29 sources

California Democrats endorse billionaire tax ahead of November ballot initiative

washingtonexaminer.com · 8dShare

California Democrats voted over the weekend to endorse a ballot measure that would impose a one-time wealth tax on the state’s billionaires, giving a boost to the proposal just three months before voters decide its fate. The measure would levy a one-time 5% tax on the wealth of California residents who were billionaires as of […]

First report: Tax returns show California's Newsom earning between $1.7 million and $2 million annually — nbcbayarea.com, 11d