Coverage dated October 27, 2026 to November 3, 2026
California Democrats divided on billionaire tax
Headline from The Hill, on the newest of 3 developments
{beacon} Technology Technology The Big Story 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…
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Developments in this update
3 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.
Is California’s Proposed Billionaire Tax in Trouble? New Polls Find Bad News
Headline from KQED News ·
California’s billionaire tax is dividing Democrats
Californians’ appetite for a first-in-the-nation wealth tax appears to be waning. With less than a week before Election Day, support for Proposition 40, a proposed billionaire tax, is now under water, according to the latest poll by Public Policy Institute of California.
(KRON) -- A poll released Tuesday night, one week ahead of the Nov. 3 midterm election, reveals how voters are feeling about Proposition 40, the so-called "billionaire tax." A poll from the Public Policy Institute of California indicates that only 46% of California voters are inclined to vote yes on…
Two public nonpartisan surveys show Proposition 40 trailing in the final days of voting. Meanwhile, an initiative to require voter ID in California is losing by double digits.
California’s latest technology boom is fueling vast fortunes — and anger over the widening divide between the ultra-rich and everyone else. Now, voters will get a say.
By Da Lin Propositions 40, 41 and 42 are all on the ballot for voters to consider this November. Each could have a significant impact on how California taxes billionaires and funds health care — but their overlapping language and competing goals have left some voters struggling to understand what ea…
The architects of Proposition 40 believe California is ready to tax billionaires — but the debate has only grown more contentious as the Nov. 3 vote nears
It was an ambitious notion – now Californians will vote on a one-time 5% billionaire tax, and state’s super rich have pulled out all the stops in opposition One year ago, the idea of a billionaire tax in California was still in its infancy.
The unprecedented measure has enormous potential nationwide. The clash exposes the party’s corporate-progressive divide Midway through this summer, a high-quality poll found that Democrats in California were overwhelmingly in favor of the upcoming ballot measure for a one-time 5% tax on billionaire …
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.
California’s latest proposed tax increase has already led to so much wealth fleeing the state that tax revenue is set to fall, not rise. Golden State politicians […]
{beacon} Technology Technology The Big Story 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…
By Carlos E. Castañeda California voters will decide whether to change state tax and spending rules under Proposition 41, one of two ballot measures that could invalidate Proposition 40 if approved to levy a one-time wealth tax on billionaires. Prop.
