Some more
#CABillionaireTax in the news:
A deeper dive into whether the CBTA has learned the lessons of the most successful European wealth tax systems in Spain and Switzerland (spoiler: yep). Plus commentary from some people who haven't read the bill text 🫤.
www.latimes.com/california/s...
Is California's proposed billionaire tax smart policy? History holds lessons
Critics of California's proposed billionaire tax say similar measures in Europe failed. Backers of the measure say they took lessons from those failures in drafting the California proposal.