California's Prop 40 'billionaires' tax' measure is rejected, AP projects
The tax was introduced in response to steep cuts to California's healthcare funding that resulted from the passage of President Donald Trump's "Big Beautiful Bill."
California's Prop 40 'billionaires' tax' measure is rejected, AP projects
The tax was introduced in response to steep cuts to California's healthcare funding that resulted from the passage of President Donald Trump's "Big Beautiful Bill." Grouped from 3 articles across 3 sources.
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California voters reject billionaire tax
The proposed measure would have imposed a one-time 5 percent tax on Californian billionaires to fund healthcare.
California voters reject one-off billionaire wealth tax US media predicts
The measure was seen as a key test for the global campaign against inequality, but warnings that the super-rich would leave the state won out.
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