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Billionaire tax: how a union leader’s ‘crazy’ idea became the defining issue of California’s midterms

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Guardian Business
Billionaire tax: how a union leader’s ‘crazy’ idea became the defining issue of California’s midterms
It was an ambitious notion – now Californians will vote on a one-time 5% billionaire tax, and state’s super rich have pulled out all the stops in opposition One year ago, the idea of a billionaire tax in California was still in its infancy. It wasn’t yet one of the most contentious ballot measure fights in state history – pitting Democrats against Democrats, drawing national attention from political heavyweights, and…
30 Oct, 15:00
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