About 70% of tax scholars would vote against California’s… | HappeningNow.news

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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.

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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.

Read original at Fortune

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