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California’s billionaire tax faces a precarious road from rich opposition
Tech billionaires have raised more than $300m to oppose the billionaire tax proposal.
Summary
Tech billionaires have raised more than $300m to oppose the billionaire tax proposal. San Francisco, United States – University of California at Berkeley economics professor Brian Galle recently found a flyer in his mailbox about the proposed billionaire tax he helped write. But as he read it, Galle found things he hadn’t written, including that the tax can be on anyone and even on their retirement savings.
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