Three tax votes in November that will affect high earners

The Inside Wealth newsletter by Robert Frank is your weekly guide to high-net-worth investors and the industries that serve them. A version of this article appeared in CNBC's Inside Wealth newsletter, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Voters will decide whether to raise or lower taxes on the wealthy in multiple states next month, with California leading the way with a potential wealth tax. The K-shaped economy has stirred a rise in populism and calls for the wealthy to pay their "fair share," especially in Democratic-led states. At the same time, rising competition among states to attract high earners is leading to ballot initiatives to cap or even lower taxes.