Critique of California's Economic Policies and Taxation
An article criticizes California's economic policies, arguing that the state is squandering its fortune and menacing its top taxpayers, advocating for lawmakers to show restraint.
20 Feb, 11:03 — 20 Feb, 12:26
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Californians Deserve Better Than Economic Fairy Tales
California, like a careless heir who squanders a fortune, keeps menacing its top taxpayers. Unless lawmakers start showing some restraint, the state’s many economic strengths are likely to further erode.
By The Editors
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Senator Bernie Sanders rallied in Los Angeles, advocating for a proposed California tax on billionaires to fund essential services amid rising living costs. The initiative, a one-time 5% tax on net worth over $1 billion, faces opposition from Governor Newsom and business groups who warn of potential departures and economic impact.
By TOI TECH DESK
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