Learn English: GOP Congressman Challenges California's Proposed Wealth Tax (normal)

1 day, 13 hours ago

GOP Congressman Challenges California's Proposed Wealth Tax

A congressman is proposing a law to block a new wealth tax plan.

This tax would try to get money from people who already left California.

He believes discouraging wealthy citizens will negatively impact job growth.

He states that taxing former residents is unfair and could destabilize the economy.

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Source

Original: Los Angeles Times

Tags

#wealth tax #California politics #taxation #Republican legislation #congress

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