California rejects billionaire tax proposal in win for executives, Newsom
8 Articles
8 Articles
Opponents spent over $333M against Proposition 40, which split Democrats
Voters in the US state of California are expected to reject a unique tax for billionaires, predicts Decision Desk HQ, which tracks US election results, on X. With nearly three-quarters of the votes counted, only 46 percent of voters support the proposal, while 54 percent oppose it.
California Voters Reject Billionaire Wealth Tax
“California voters are rejecting a proposal to impose a wealth tax on billionaire residents, marking a major win for tech and business executives, who spent hundreds of millions against the measure, according to a projection from Decision Desk HQ,” The Hill reports. “According to DDHQ’s analysis, 54 percent voted against the measure, while 46 percent […]
SACRAMENTO (ANP) - Voters in the US state of California are expected to reject a unique tax for billionaires, predicts Decision Desk HQ, which tracks US election results, on X. With nearly three-quarters of the votes counted, only 46 percent of voters support the...
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