AGGREGATED External reporting by France 24. This page summarizes the publisher's feed entry; the full article is on www.france24.com.
Californians vote on billionaire tax to replace federal cuts in healthcare funding
California could become the first US state to tax the net worth of billionaires Tuesday under a ballot measure that has divided liberal leaders nationally and triggered one of the most expensive ballot fights in state history as the ultra-rich scramble to figure out whether they would pay the tax or flee. Proposition 40 would impose a one-time 5% tax on the wealth of Californians whose net worth…