Act (Proposition 40), which imposes a one-time 5 percent tax on billionaires' net worth, is vulnerable to numerous constitutional challenges, any of which could invalidate the tax in whole or in part.
Act (Proposition 40), which imposes a one-time 5 percent tax on billionaires' net worth, is vulnerable to numerous constitutional challenges, any of which could invalidate the tax in whole or in part.
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Act (Proposition 40), which imposes a one-time 5 percent tax on billionaires' net worth, is vulnerable to numerous constitutional challenges, any of which could invalidate the tax in whole or in part.
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