💬 Opinion 3d ago · Mark Kreidler

The Real Stakes Behind California’s Billionaire Tax Fight: Health Care Access

The American Prospect
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The Real Stakes Behind California’s Billionaire Tax Fight: Health Care Access
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This article was produced by Capital & Main, an award-winning publication that reports from California on economic, political, and social issues. It is co-published here with permission.







Just as California’s billionaires would prefer, the public conversation around a proposed one-time tax on a fraction of their immense wealth has become centered on a single threat: They’ll leave and take their money with them if the tax passes.



It’s a wild notion unsupported by history, but you can

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