California Billionaire Tax Has Enough Signatures to Land on Ballot, Backers Say
The measure calls for placing a one-time 5 percent tax on the assets of California residents with at least $1.1 billion. Opponents are backing competing measures to counter the tax. [Source]
Publication Date:Origin: nytimes.com
Category: Taxation
Topics: California, counter, measures, competing, backing, Opponents, billion, least, residents, assets, percent, one-time, placing, calls, measure, Backers, Ballot, Signatures, Enough, Billionaire
Source: https://www.nytimes.com/2026/04/26/us/california-billionaire-tax.html