Billionaires aren’t off the hook for higher taxes, even if they did dodge California’s wealth tax
Summary
Despite successfully blocking a wealth tax in California through heavy spending, wealthy technology figures may still face increased levies. Incoming Democratic lawmakers are now preparing to pursue similar tax policies at the federal level.
Silicon Valley spent big to kill California’s wealth tax — but incoming Democrats are eyeing a national fight.
Source: Read the full story at MarketWatch.com - Top Stories
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