Could billionaires' money be taxed away to be used for the general public? A new tax proposal in California has thrust the net worths of the world's wealthiest tech leaders into the spotlight, raising the possibility that figures such as Elon Musk and Mark Zuckerberg could face a super high levy on their wealth.
It is commonly known as the Billionaire Tax, and it seeks to impose a one-time tax on individuals whose net worth exceeds $1 billion (£745 million GBP approx). Those pushing for it argue that it could supply a much-needed injection of funds for public services, including healthcare and education.
