Wealth and Asset Management
Debate Intensifies Over Proposed California Wealth Tax as Some Billionaires Reportedly Leave State
A proposal to impose a one-time wealth tax on California billionaires is fueling an increasingly heated debate, as opponents warn the measure is already driving some of the state’s wealthiest residents to leave. The initiative, backed by the healthcare labor union SEIU-United Healthcare Workers West, would levy a 5% one-time…
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