Politics● Low2h ago · Nov 10, 2026, 4:40 AM
California voters reject billionaire tax designed by French-American economists
GlobeAlert Desk · curated from Le Monde [en] · North America
The one-time 5% tax on billionaires, which was put to a referendum on November 3, was rejected according to the Associated Press. Following the Democratic victory in the midterm elections, the debate over taxing big fortunes is nevertheless expected to return to the forefront.
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