Greed is on California’s state ballot, and it appears to be winning. For a while, Prop. 40, the Billionaire Tax initiative, which is supported by the state Democratic Party but opposed by many unions and prominent Democrats, was polling well.
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October 30, 2026 at 8:49 PM
California Billionaires May Well Prevail in Their Quest to Block a State Wealth Tax
Mother Jones
Excerpt from Mother Jones.