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    Home»News»California Billionaire Tax Struggles to Gain Majority Support as Voters Fear Expansion
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    California Billionaire Tax Struggles to Gain Majority Support as Voters Fear Expansion

    Whatfinger EditorBy Whatfinger EditorOctober 20, 2026No Comments2 Mins Read
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    A controversial proposal to impose a one-time 5 percent tax on California billionaires remains below majority support as voting begins, with a new poll revealing widespread concerns that the tax could eventually reach ordinary taxpayers.

    The latest Citrin-POLITICO survey found 46 percent of likely voters support Proposition 40, while 43 percent oppose it, virtually unchanged from a month earlier despite a campaign push by progressive leaders, including independent Vermont Sen. Bernie Sanders.


    Read Full Article: https://amgreatness.com/2026/10/20/california-billionaire-tax-struggles-to-gain-majority-support-as-voters-fear-expansion/

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