Election 2026: California voters will decide on a first-in-the-nation billionaires tax — two competing measures could block it
- Posted on September 23, 2026
- By The Mercury News
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- 1 min read
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Election 2026: California voters will decide on a first-in-the-nation billionaires tax — two competing measures could block it
California’s Proposition 40 would impose a one-time 5% tax on billionaires to fund healthcare and other programs, but two competing ballot measures could block it even if voters approve it.
