Jon Healey, my excellent former editor and colleague at the LA Times editorial board, came out of retirement to write the smartest critique of Proposition 40, the billionaire tax, I have yet to read. www.golden-state.org/smart-way-to...
golden-state.org
There's a smart way to tax billionaires. It isn't Prop. 40
The wealth tax on California's Nov. 3 ballot is so badly flawed that it's enough to make you wonder about the true intention of its sponsor.