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California rejects billionaire tax proposal in win for executives, Newsom

Summary by Ground News
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 (DDHQ).

8 Articles

Lean Right

Opponents spent over $333M against Proposition 40, which split Democrats

·Ankara, Türkiye
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Reformatorisch DagbladReformatorisch Dagblad
+2 Reposted by 2 other sources
Right

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.

·Apeldoorn, Netherlands (Kingdom of the)
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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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Bias Distribution

  • 50% of the sources are Center, 50% of the sources lean Right
50% Right

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The Hill broke the news in Washington, United States on Saturday, November 7, 2026.
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