Fight or Flight: Proposed Amendments to the California Constitution May Threaten California’s Defining Industry
By: Jacob Hartzler On January 19, California Assemblymember Alex Lee, representing California’s 24th District, reintroduced a bill aimed at taxing California’s ultra-wealthy. Assembly Bill 259 (“AB 259”) and an accompanying proposed constitutional amendment, ACA 3, were introduced as part of a “concerted effort” of wealth tax proposals in seven other states including Connecticut, Hawaii, Nevada,… Read More Fight or Flight: Proposed Amendments to the California Constitution May Threaten California’s Defining Industry