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California Ballot Will Decide One-Time 5% Tax on Billionaires

Supporters say the levy would raise roughly $100 billion to shore up state health-care funding shortfalls.

California Billionaire Tax Proposal Shows Early Edge, Faces Wealthy Opposition

California Billionaire Tax Drive Faces Escalating Backlash After Sacks’ Davos Broadside

Newsom Escalates Fight Against California’s Proposed Billionaire Wealth Tax

California Coalition Moves to Put One-Time 5% Billionaires Tax on 2026 Ballot