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I’m a wealthy Californian. The billionaire tax is a win for everyone | George Zimmer

The measure would ease inequality and bolster healthcare – without draining our coffers or triggering a billionaire exodus On Tuesday, California voters will decide whether to enact Proposition 40 , a one-time, 5% tax on the net worth of about 250 California billionaires . In recent months, a number of California billionaires and their apologists in the media and in government have come out swinging against the…

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I’m a wealthy Californian. The billionaire tax is a win for everyone | George Zimmer
Image: The Guardian Business

Story summary

The measure would ease inequality and bolster healthcare – without draining our coffers or triggering a billionaire exodus On Tuesday, California voters will decide whether to enact Proposition 40 , a one-time, 5% tax on the net worth of about 250 California billionaires . In recent months, a number of California billionaires and their apologists in the media and in government have come out swinging against the…

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