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California votes on 5% wealth tax on billionaires in November
✓ Source-backedMoney & Work

California votes on 5% wealth tax on billionaires in November

Google co-founder Sergey Brin has spent US$100 million opposing the tax that could cost him US$13 billion.

Why it mattersThe outcome will signal whether democracies can tax extreme wealth without driving the ultrawealthy away.

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