California's Billionaire Wealth Tax Triggers Silicon Valley Uproar

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Source: AP News
California's Billionaire Wealth Tax Triggers Silicon Valley Uproar
Photo: AP News
TL;DR

California lawmakers propose a billionaire wealth tax that could affect the state's ultra-wealthy, sparking protests in Silicon Valley and drawing Gov. Gavin Newsom into a high-stakes political confrontation over taxation of extreme wealth.

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