Californians divided on billionaire tax, new poll shows
Summary
A recent poll finds that people in California are divided on a proposed tax that would charge the state’s 200 billionaires a one-time 5 percent tax on their total wealth. This tax measure will be on the ballot for voters to decide in November.Key Facts
- The tax targets the 200 billionaires living in California.
- It would charge them a one-time 5 percent tax based on their net worth (total wealth).
- The poll was conducted by the Institute of Governmental Studies at the University of California, Berkeley.
- Results from the poll show Californians are split on whether they support or oppose the tax.
- The tax measure will be decided by voters in the November election.
- The goal of the tax is to raise money from the very wealthy residents in the state.
- The poll results were shared publicly on a Friday.
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