Wealth tax criticized by billionaires and Gavin Newsom would levy a one-time 5% tax on residents worth over $1bn
  • Morgoth_Bauglir@lemmy.worldEnglish
    2·
    2 months ago

    I have a family member that lives in LA county. They’ve unfortunately fallen hard into conservative talking points, and they’re fully convinced that if it passes the legislators will change it after the fact to tax everyone in the state.