The measure calls for placing a one-time 5 percent tax on the assets of California residents with at least $1.1 billion. Opponents are backing competing measures to counter the tax.
The measure calls for placing a one-time 5 percent tax on the assets of California residents with at least $1.1 billion. Opponents are backing competing measures to counter the tax.
Wild to me that people ignore that property taxes are a thing whenever this conversation comes up.
It’s easy to tax stock. Just requires an assessment, and you get one every day.