California’s proposed billionaire tax: what you need to know
Supporters : Howard Jarvis Taxpayers Association, California legislators, Newsom Affordable housing bond What it does: This would allow the state to borrow a…
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Summary
The measure would offer fixed-rate mortgages for up to 17% of the purchase price on homes priced under $1.5 million. The state could also spend some tax revenue to pay down its $20 billion federal unemployment insurance debt. The governor rejected it.” California is home to more than 200 billionaires whose combined wealth exceeds $2 trillion.
Furthermore, Brin has a competing ballot measure committee that has already raised tens of millions.
One point remains disputed: Versions opposées — 3, Californians will vote on 14 statewide ballot measures on environment, taxation,… ; Officials for the Stop the Squeeze, a political committee opposing the billionaire tax,….
Cross-referenced from 4 sources.
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The measure would offer fixed-rate mortgages for up to 17% of the purchase price on homes priced under $1.5 million.
according to CalMattersThe state could also spend some tax revenue to pay down its $20 billion federal unemployment insurance debt.
according to CalMattersThe governor rejected it.” California is home to more than 200 billionaires whose combined wealth exceeds $2 trillion.
according to New York Post — NewsBrin has a competing ballot measure committee that has already raised tens of millions.
according to New York Post — News
Disputedincompatible versions — to verify
Versions opposées
- 3, Californians will vote on 14 statewide ballot measures on environment, taxation,…CalMatters
- Officials for the Stop the Squeeze, a political committee opposing the billionaire tax,…New York Post — News
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That measure would levy a one-time 5% tax on California billionaires if approved by voters.
omitted byRight sidecovered byLeft sideCenterThat strategy is what SEIU-United Healthcare Workers West does — and what it’s doing this year.
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