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California billionaire wealth tax fails, dashing liberal dreams

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Summary

California voters rejected a measure that would have taxed the wealth of the state’s billionaires, a provision that some on the Left saw as a trial balloon for a nationwide wealth tax. Proposition 40 failed with 53.8% voting against it and just 47.2% in favor as of Monday evening, according to the Associated Press, which

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    California billionaire wealth tax fails, dashing liberal dreams

    California voters rejected a measure that would have taxed the wealth of the state’s billionaires, a provision that some on the Left saw as a trial balloon for a nationwide wealth tax. Proposition 40 failed with 53.8% voting against it and just 47.2% in favor as of Monday...

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