Billionaire Tax Act Faces November Vote
Over 1.5 million signatures have been collected to trigger a vote on the Billionaire Tax Act. This number is more than double the amount required to bring the act to a vote. The election is scheduled to take place on Election Day in November. The initiative aims to address budget cuts proposed by the Trump administration. Supporters claim to have collected double the required signatures to place the tax on the November ballot. Proponents argue the tax will fund healthcare, while Governor Newsom opposes it, citing potential business exodus. The measure proposes a one-time 5 percent tax on the total wealth of California-resident billionaires, including stocks and real estate, and is set for a November vote. Google co-founder Sergey Brin has commented on a proposed California tax measure scheduled for a November vote.
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Sources · 7 independent
“Da gab es jetzt über 1,5 Millionen Unterschriften, mehr als doppelt so viele wie nötig wären, um diesen Billionär-Tex-Akt zur Abstimmung zu bringen, und zwar am Election Day im November.”
“Backers of the measure say they have enough signatures to put it up for a vote on the ballot in November. In fact, they say they have double the amount of signatures needed.”
“die einmalig gezahlt werden sollen von den Milliardären, die in Kalifornien ihren Wohnsitz haben und diese 5 Prozent greifen nicht nur auf die Einkommen, sondern sollen insgesamt eben auch die Vermögen beinhalten”
“Da wird also überdienste im November in Kalifornien zur Abstimmung kommt. Militärinnen und Militäre sollen also eine Einmalabgabe bezahlen. Was sagen die Betroffenen dazu? Ja, wie man sich vorstellen kann, sind die nicht begeistert von diesem Plan.”
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