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California billionaire tax proposal garners enough signatures to head to ballot

California billionaire tax proposal garners enough signatures to head to ballot

27.04.2026 17:08 | The Guardian World

Proposal for a one-time 5% tax on billionaires in the state is opposed by Silicon Valley tech titans and Gavin NewsomProponents of a proposal to levy a one-time tax on California billionaires say they’ve gathered enough signatures to place the measure on the ballot in November.The campaign says it has collected more than 1.5m signatures, according to a statement. Continue reading...

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