California rejects billionaire tax proposal in win for executives, Newsom
GlobalWorldModerate confidence — 71/100
California voters are rejecting a proposal to impose a wealth tax on billionaire residents, marking a major win for tech and business executives, who spent hundreds of millions against the measure, according to a projection from Decision Desk HQ (DDHQ).
According to DDHQ's analysis, 54 percent voted against the measure, while 46 percent voted for...
Unverified
California voters are rejecting a proposal to impose a wealth tax on billionaire residents, marking a major win for tech and business executives, who spent hundreds of millions against the measure, according to a projection from Decision Desk HQ (DDHQ).
According to DDHQ's analysis, 54 percent voted against the measure, while 46 percent voted for...