Business

California’s Billionaire Tax Proposal Criticized

Updated 2026-06-04 20:05 UTC 1 source Negative

Critics argue that California's proposed 'billionaire tax' is flawed and suggest an alternative approach. The bill has sparked debate among financial experts.

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MarketWatch

California’s proposed ‘billionaire tax’ is moronic. We should do this instead.

Almost everything about this tax is bad, and it obscures something much better that we do need.

2026-06-04 19:54 UTC