California's 'Wealth Tax' Could Cost the State $39 Billion

California's 'Wealth Tax' Could Cost the State $39 Billion

Source: reason.com · Section: politics · Bias: Right · Published: Tue, 20 Oct 2026 19:50:55 GMT

New study finds that 85 percent of "plausible scenarios" result in negative revenue for the state as wealthy residents flee.

Read the full article at reason.com →

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