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Tag

proposition 40

1 article

California Voters Reject Billionaire Tax, Dealing Blow to Labor and Progressives
Politics & Policy54m ago
California Voters Reject Billionaire Tax, Dealing Blow to Labor and Progressives
Proposition 40, which would have imposed a one-time 5 percent wealth tax on billionaires, failed despite backing from unions and national Democratic figures, undone by massive opposition spending led by Google co-founder Sergey Brin.