Wire2026 04 27Mass Exodus Fears As California Billionaire Tax Gets Enough Signatures To Go On
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Mass exodus fears as California billionaire tax gets enough signatures to go on ballot, backers claim

The tax — proposed by the Service Employees International Union–United Healthcare Workers West — would impose a one-time 5% levy on California residents with assets exceeding $1 billion.

First seen · 2:01 PM UTCApril 27, 2026

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