California decides whether to tax billionaires, a highly-anticipated vote amid rising inequality
In the US, debates over taxing wealth arise when the accumulation of riches becomes exorbitant. Voters in the Golden State will decide on Tuesday on an unprecedented 5% wealth tax targeting billionaires.
<p>In the US, debates over taxing wealth arise when the accumulation of riches becomes exorbitant. Voters in the Golden State will decide on Tuesday on an unprecedented 5% wealth tax targeting billionaires.</p>