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Wudi@feddit.uk to California@lemmy.world · 3 days ago

California ‘billionaire tax’ has gained enough signatures to qualify for the ballot in November

www.theguardian.com

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  • cross-posted to:
  • technology@lemmy.world
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California ‘billionaire tax’ has gained enough signatures to qualify for the ballot in November

www.theguardian.com

Wudi@feddit.uk to California@lemmy.world · 3 days ago
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  • technology@lemmy.world
California ‘billionaire tax’ makes ballot despite opposition from tech moguls
www.theguardian.com
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Wealth tax criticized by billionaires and Gavin Newsom would levy a one-time 5% tax on residents worth over $1bn
  • buddascrayon@lemmy.world
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    3 days ago

    Yeah which makes it all the more absurd that the current governor of California and presidential hopeful “Democrat” Gavin Newsom is attempting to block it.

    • quick_snail@feddit.nl
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      2 days ago

      How can the governor block a referendum? Isn’t that the whole point of a referendum?

      • buddascrayon@lemmy.world
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        2 days ago

        https://www.msn.com/en-us/money/news/gov-gavin-newsom-vowed-to-stop-californias-billionaire-tax-he-has-just-over-a-week-left-to-keep-it-off-the-ballot/ar-AA25Pk4p

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