Tax Foundation: California “Wealth Tax Far Higher,” Powerful Innovation Ecosystem at Risk
The Tax Foundation, a nonpartisan nonprofit that produces research on taxes, says the California wealth tax may be far more punitive than the stated 5% on the affluent’s holdings. As it stands now, a 5% tax on an individual’s worth will be applied if the… Read More
Read more in: Politics, Legal & Regulation, Opinion | Tagged california, perspective, tax foundation, taxes