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California breakup plan would create rich and poor states: report

Wednesday, August 13th, 2014

By Sharon Bernstein SACRAMENTO Calif. (Reuters) – A long-shot proposal to break California into six separate states would also divide rich and poor, according to a legislative analysis released on Wednesday. The plan, which supporters hope to put before voters as a ballot initiative this November, is backed by Silicon Valley billionaire Tim Draper, who submitted 1.3 million signatures in favor …

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