Business & Economy · 6 views
About 70% of tax scholars would vote against California’s billionaire tax, a new survey finds
News of billionaires fleeing California over the proposed billionaire tax have dominated the headlines: the one-time tax of 5% on the wealth of California’s (perhaps dwindling) 250 billionaires.
Summary
News of billionaires fleeing California over the proposed billionaire tax have dominated the headlines: the one-time tax of 5% on the wealth of California’s (perhaps dwindling) 250 billionaires. But what about those who chose to become academics, and as a result, may not have achieved billionaire status? It turns out most academics who study taxes for a living would vote against California’s proposed billionaire tax, a new survey finds.
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