Tax the rich, Gavin Newsom says to the nation. In California, he walks a finer line
calmatters.org
Gov. Gavin Newsom opposes the California wealth tax measure and supports one nationally. But there’s another tax-the-rich measure on the state ballot.
  • tacoplease@lemmy.world
    21·
    13 days ago

    Hear me out. The point is that a state tax can be evaded if the billionaire moves out of state while a federal one is unavoidable unless the billionaire moves overseas; those can still be monitored via FATCA to an extent.