223
California Billionaire Tax Has Signatures Needed for Ballot, Backers Say (www.nytimes.com)
submitted 3 months ago by to c/california@lemmy.world
20 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] -4 points 3 months ago

Ooooh, got you.

Yes, stocks could be taxed on award, or - better - at every exchange. Like taxes on house sales.

  • permalink
  • fedilink
  • source
  • parent