California’s billionaire tax faces a precarious road from rich opposition

1 hour ago

University of California at Berkeley economics professor Brian Galle recently received a campaign flyer in his mailbox regarding a proposed California billionaire tax that he helped draft. The flyer contained claims Galle did not write, including assertions that the tax could apply to any resident and affect individual retirement savings.

As the November 3 election approaches, California voters are considering whether to approve a one-time