# If California undid its ‘original sin’ and matched Texas on taxing property, it would raise more revenue than the billionaire tax, economists say

- Source: Fortune | FORTUNE
- Published: 2026-10-31T19:41:13+00:00
- Category: Business
- Original: https://fortune.com/2026/10/31/california-billionaire-wealth-tax-prop-40-revenue-prop-13-texas-taxes/
- Canonical: https://groundlevelnews.com/story/if-california-undid-its-original-sin-and-matched-texas-on-taxing-prope-c7652a/

"It is simply not possible to fund the state’s needs by leaning on a few hundred people, as politically appealing as that may be."

_Ground Level News shows a short summary only; the full article and all rights belong to Fortune | FORTUNE._