California Rejects Proposed One-Time 5% Tax For Billionaires

60-Word AI Digest
The tax would have forced around 200 billionaires in the state to cough up five percent of their total net worth, with the money largely dedicated to helping pay for healthcare.
Key Takeaways
- California Rejects Proposed One-Time 5% Tax For Billionaires
- The tax would have forced around 200 billionaires in the state to cough up five percent of their total net worth, with the money largely dedicated to helping pay for healthcare.
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The tax would have forced around 200 billionaires in the state to cough up five percent of their total net worth, with the money largely dedicated to helping pay for healthcare.
Original Publisher Attribution
This summary was curated from NDTV.