November 11, 2026

News, minutes after it breaks

Latest

Home  / Business

Californians reject wealth tax for billionaires

Image: BBC Business

Proposition 40 targeted Californian billionaires with a 5% tax on their total wealth, including assets such as shares as well as income.

BBC Business reported this story. Read the full report on bbc.co.uk →

This is a short summary. BBC Business wrote and published the full report.

Continue on bbc.co.uk →

More in Business

Leave a Reply

Your email address will not be published. Required fields are marked *