California Wealth Tax Poll: Narrow Support, Major Headwinds
TL;DR Summary
A POLITICO-Berkeley poll finds California voters are inclined to support a one-time 5% wealth tax on ultrawealthy residents (50% yes, 28% no; undecideds lean yes), but concerns about the tax’s effectiveness, potential out-migration, lost revenue, and middle-class tax hikes leave the measure on a knife’s edge as a costly, highly competitive campaign approaches.
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- Opinion | The myth of the billionaire wealth tax The Washington Post
- A Billionaire Wealth Tax Could Get a Vote in California. How Might That Impact Charitable Giving? Inside Philanthropy
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