Politics● Low5h ago · Nov 10, 2026, 2:38 AM
Billionaire tax rejected on concern squeezing California's ultra-rich would harm the economy
GlobeAlert Desk · curated from LA Times · North America
Supporters of Proposition 40, a proposal to tax California billionaires to mostly fund healthcare, faced opposition from politicians, a teachers union and other powerful groups before residents cast their votes.
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