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California unions are fighting for Prop. 40, the so-called wealth tax.

5h

By Mark Kreidler Contributing Writer LOS ANGELES — California’s billionaires, individually and collectively, are spending wildly to try to defeat the state initiative that would tax their wealth. If you watch TV or use social media, you’ve likely already been inundated with scaremongering that forecasts rich person flight from the state and other miseries should …

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