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California’s Billionaire Tax Is Headed to Voters — and so Are the Measures to Kill It

Supporters say the 5% levy on about 250 billionaires would offset federal health care cuts, while opponents have already raised more than $100 million.

The controversial measure is officially on the ballot, but it faces — increasingly well-funded — opposition.

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New York Post broke the news in New York, United States on Wednesday, June 24, 2026.
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