Editorial Board: California already losing with billionaire tax referendum
“California’s best hope for keeping its tax base is for voters to reject the ballot measure so decisively that would-be wealth-taxers are afraid to ever try it again.”
Newsroom
Press coverage, statements, and updates on Prop 40.
Letter to the Editor: California can’t afford to drive its wealthiest citizens out of the state
“Taxing billionaire residents to resolve this problem poses major risks.”
Editorial Board: The Billionaire Tax debate needs a reality check
“The more people know about the ‘billionaire tax,’ the less they like it.”
Opinion: California Can’t Afford the Reckless Gamble of a Billionaire Tax
“This proposal carries far too much legal and administrative risk, diverting attention from the sustainable reforms that are needed to protect critical public services in California.”
Report: California’s Proposed Billionaire Tax Will Cost the State an Estimated $25 Billion
“…[Prop 40] would leave the state worse off by an estimated $25 billion once lost income tax revenue…”
Editorial Board: Proposed California wealth tax is absurd and must be defeated
“…the proposed wealth tax is both nonsensical and counterproductive.”