Six Nobel Prize-winning economists endorsed California’s Proposition 40 on September 19. This measure would place a one-time 5% tax on the wealth of the state’s billionaires. The measure reaches the November 3 ballot with about $100 billion at stake, and Ripple Labs executive chair Chris Larsen has already spent more than $10 million to defeat
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6 Nobel Economists vs. Ripple’s Chairman: Who Wins California’s Billionaire Tax Fight?
