California’s billionaires have a combined net worth of $2.4 trillion. Under Prop 40, their net worth would fall to…just under $2.3 trillion. What amounts to a rounding error for them would allow millions of their fellow Californians to afford healthcare. Vote yes on Prop 40.
The ultra-rich are spending one million dollars a day fighting California’s proposed billionaire tax
Tech billionaires have raised more than $340m to defeat Prop 40, a one-time 5% wealth tax that will fund healthcare and
theguardian.com
