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Billionaire tax: how a union leader’s ‘crazy’ idea became the defining issue of California’s midterms

It was an ambitious notion – now Californians will vote on a one-time 5% billionaire tax, and state’s super rich have pulled out all the stops in oppositionOne year ago, the idea of a billionaire tax in California was still in its infancy.It wasn’t yet one of the most contentious ballot measure fights in state

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Tech titans divided over whether to pay billionaire tax or flee California

State residents worth more than $1bn could face one-off, 5% tax to help fund education, food assistance and healthcareA battle is brewing in California over a plan to tax billionaires – with tech titans divided over whether they should pay up, or flee the state.Under a tax proposal that could be put to voters this

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