Will we see the capital gains tax on the ballot?
Some 17,000 people have 500 million reasons to force a public vote
When the Senate narrowly approved a capital gains tax on Saturday, they all but invited two challenges to the measure, should it become law: A legal argument that it violates the constitution and a referendum to force a statewide vote in November.
We’ll dig into the constitutional challenge another day because the referendum poses the more immediate thre…
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