Prop 40 explained: California votes on taxing billionaires

2 sources2 articles First seen 6 hours ago Updated 4 hours ago United States Truth score 55

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California voters will decide whether to approve a first-of-its-kind state tax on billionaires, testing public support for a measure aimed at raising revenue from the state's wealthiest residents. #News #Reuters #Newsfeed #world #USA #politics #UnitedStates #California #Prop40 #vote Read the story here: 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

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The Hill Center Factuality: High US 6 hours ago
Billionaire tax divides California Democrats, draws myriad questions
California voters this midterm cycle will decide whether the state will impose a wealth tax on billionaire residents, as wealthy Californians organize against the measure and experts say its potential broader impact on the state’s economy is nuanced. By voting “yes” on...