California Voters Reject Wealth Tax, Pass Ban
Summary
California voters dealt a blow to tax grabs by passing Proposition 42 with just over 51% of the vote, effectively banning wealth taxes after a high-profile billionaire wealth tax proposal failed.
California voters dealt a blow to tax grabs by passing Proposition 42 with just over 51% of the vote, effectively banning wealth taxes after a high-profile billionaire wealth tax proposal failed.