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California voters reject billionaire wealth tax after tech leaders poured more than $333 million into campaign to defeat it
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Breaking News
California voters reject billionaire wealth tax after tech leaders poured more than $333 million into campaign to defeat it
California voters rejected one of the most aggressive efforts to hike taxes on the ultra-wealthy.
CBS News projection
California voters reject Prop. 40, a divisive measure that would have levied a one-time 5% tax on billionaires.
Billionaire Tax Fails
California voters rejected a wealth tax measure that would have targeted the assets of residents worth over $1 billion.
Breaking News
California voters rejected a proposed billionaire tax. It ends a heated fight over what could have been the nation’s first modern wealth tax.
NBC News projection
California voters have rejected a billionaire wealth tax pushed by progressives after state Democratic leaders and tech executives joined in opposition
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