Decision/Other
Adopted

California voters reject Proposition 40, a proposed 5% tax on billionaires' net worth

California voters rejected Proposition 40, a proposed 5% tax on billionaires' net worth, delivering a win to tech leaders who spent heavily against it and a loss to progressives seeking to tax the ultra-rich.

Actors and targets

Targets Proposition 40policy

Source

California voters have rejected a proposed 5% tax on the net worth of billionaires
France24_en · Telegram Open post

Not established

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  • Election date
  • Vote margin
  • Total campaign spending figures
  • Effective date had it passed

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Country
United States

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