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linkedin.com
Inside California s billionaire tax: Here s what to know | Monica Simon
The proposed wealth tax of 5% on California billionaires would be the first state wealth tax. It singles out billionaires, taxes liquid and illiquid assets the same. IF passed in November, the tax would be retroactive to Jan 1, 2026. That’s last week + 11 months before its potential approval. The Billionaire Tax Act, which could be added to ...
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4 months ago
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