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California billionaire tax qualifies for November ballot
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California billionaire tax qualifies for November ballot

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A union-backed measure would levy a one-time 5% tax on California's 200 billionaires to raise $100 billion for healthcare and education.

A union wants California’s billionaires to rescue the state’s healthcare system. The billionaires have other ideas. On June 17, an initiative to tax the state’s wealthiest residents qualified for the ballot, according to the secretary of state’s offi... [9301 chars]

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Source: CalMatters

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