Viewing January 14, 2026, 2 found
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California’s proposed billionaire wealth tax targets net worth, but critics say it would not solve the deeper problem of cash-poor billionaires like Elon Musk and Palmer Luckey who live on tax-free loans backed by their assets.
Business leaders are split on Trump’s plan to cap credit card interest rates at 10%, with many warning it would cut credit access and a few saying it could help consumers.
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