A billionaire-backed group aims to undermine California’s wealth tax and create multiple ways to defeat it.

California voters will soon decide whether to tax billionaires — but even if a majority says yes, the measure could still lose to either of two billionaire-funded measures designed to cancel it out. The billionaire-backed group Building a Better California designed two countermeasures to undermine the wealth tax and create multiple ways to defeat it. Recent polling shows slim majorities…

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