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California’s wacko wealth tax
California’s ballot proposal to introduce a 5% wealth tax on the state’s billionaires is harmful economic foolishness.
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fortune.com
Even if every California billionaire left overnight, a wealth tax would help the state come out ahead for 25 years | Fortune
A potential billionaire exodus would take decades to turn the proposed 5% wealth tax into a net loss for the state, NBER paper finds.
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washingtonexaminer.com
California’s wacko wealth tax
California’s ballot proposal to introduce a 5% wealth tax on the state’s billionaires is harmful economic foolishness.