"Pretending to propose his own national solution is clearly a cynical smoke screen to let California billionaires off the hook," argues the Billionaire Tax Now campaign as it seeks to counter "5 tricks" being deployed by Gov. Gavin Newsom and his allies.
And if he’s president, he will say he can’t enact the tax because billionaires would flee the US.
We’ve had the same arguments in France. The economist who proposed the tax actually used data from the US to show that few rich people actually leave the place they’re in, because that’s where they live, meet people for business or pleasure, etc.
And if he’s president, he will say he can’t enact the tax because billionaires would flee the US.
We’ve had the same arguments in France. The economist who proposed the tax actually used data from the US to show that few rich people actually leave the place they’re in, because that’s where they live, meet people for business or pleasure, etc.
This could be evaluated for California too.