GLOBEALERT
POLITICS● LOW2h ago · Oct 18, 2026, 1:27 PM

California's proposed billionaire tax: How does it add up?

CBS News · north america

California voters will decide whether to adopt Proposition 40, which would impose a new tax on billionaires' wealth. "Sunday Morning" examines whether the measure would deliver the benefits its backers promise — and why some progressives oppose it.

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