For all you future bitcoin billionaires (in fiat), CA is giving you a taste of things to come. And for everyone else don’t forget the income-tax was originally only for “millionaires”.

CalMatters

Should billionaires pay more? California unions want voters to decide

Labor and health care groups are collecting signatures to put a measure that would levy a one-time 5% tax on the wealth of about 200 billionaires i...