Newsom Vowed to Stop California Billionaire Tax, Ballot Deadline Looms

Newsom Vowed to Stop California Billionaire Tax, Ballot Deadline Looms

Gov. Gavin Newsom’s fight to stop a proposed tax on billionaires in California is coming down to the wire. The so-called billionaire tax — which would impose a one-time 5% tax on California residents whose assets exceed $1 billion — could appear on the ballot this November if critics aren’t able to stop it ahead … Read more