The billionaire tax could be defeated by two other tax measures. Here’s how

The billionaire tax could be defeated by two other tax measures. Here’s how

California voters will soon decide whether to tax billionaires — but even if a majority says yes, the measure could still lose to either of two billionaire-funded measures designed to cancel it out.  The billionaire-backed group Building a Better California designed two countermeasures to undermine the wealth tax and create multiple ways to defeat it. […]

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