The Independent - News Proposition 40: How California could become the first state in the US to tax the wealth of billionaires Proposition 40 would impose a one-time 5% tax on Californians with a net worth exceeding $1 billion.
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The Independent - News Proposition 40: How California could become the first state in the US to tax the wealth of billionaires Proposition 40 would impose a one-time 5% tax on Californians with a net worth exceeding $1 billion.
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