California Dems propose new wealth tax that would follow residents who leave the state

Progressive California lawmakers introduced a bill last week that would impose a new annual tax on wealthy residents, even if they flee the state, Fox News Digital reported.

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California Dems propose new wealth tax that would follow residents who leave the state - TheBlaze
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California Dems propose new wealth tax that would follow residents who leave the state - TheBlaze

Progressive California lawmakers introduced a bill last week that would impose a new annual tax on wealthy residents, even if they flee the state, Fox News Digital reported.The legislation, proposed by Assemblyman Alex Lee (D) and sponsored by nine other state Democrats, would require California res...