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The California billionaire tax is headed to the ballot. The ultrawealthy are bracing for what comes next.
Billionaire's are bracing for California's wealth tax, setting up for a pricy ballot fight and likely legal challenges.
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forbes.com
Will California's Billionaire Tax Be Paid By Non-Billionaires Too?
California's 2026 Billionaire Tax sounds simple — but experts warn the ripple effects could cost non-billionaires via lost revenues, higher taxes, & corporate departures.
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theguardian.com
California billionaire tax will appear on ballot after deadline for deal passes
Proposal to introduce one-time tax of 5% will go to voters in November after backers decline to withdraw measure
