It’s not just California’s billionaire tax. Wealth is on the ballot in the midterm elections.
Summary
Voters in multiple states are currently deciding on ballot measures focused on taxing high-income earners. This trend highlights a broader push for wealth-related taxation policies. Additional initiatives regarding taxes on the wealthy could appear on ballots in future election cycles.
Several states are dealing with ballot measures tied to taxing the rich — and there may be even more initiatives on this front in 2028.
Source: Read the full story at MarketWatch.com - Top Stories
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