California’s billionaire tax faces defeat, but Democrats plan higher taxes on the wealthy

OptionNews.com brief · 1h ago · 1 min read · via cnbc.com

The likely defeat of the California billionaire tax may energize Democrats in Congress to propose federal tax hikes on high earners, according to tax experts.

The likely defeat of the California billionaire tax may energize Democrats in Congress to propose federal tax hikes on high earners, according to tax experts. This story matters for Finance & Markets readers tracking option. Reported by cnbc.com. Read the full original at the source link below.

Originally reported by cnbc.com. OptionNews.com curates and briefs the finance & markets stories that matter. Our editorial policy →
Get the daily option signal

More from OptionNews.com

Related ventures