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California ‘billionaire tax’ makes ballot despite opposition from tech moguls
(www.theguardian.com)
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this post was submitted on 20 Jun 2026
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It almost looks like it‘s designed to fail. Probably all of those billionaires will be richer by the end of the year this tax comes into effect. Meanwhile the money raised from it won‘t be enough to solve all that many issues. It‘s not really supposed to but billionaires and their outlets will keep telling us how „taxing the rich was tried and failed!!!“ Mark my words.
They would never do that, right ? Right?