Story thread · 2 reports / 2 sources

What is California’s Proposition 40? How the proposed 5% billionaire tax could work

hindustantimes.com · 3hShare

California Proposition 40 proposes a one-time 5% billionaire tax to fund healthcare, food aid and education. Here’s how the tax could work.

First report: California billionaire tax gains major backing from Los Angeles Democrats — americanbazaaronline.com, 1d