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Nov 9, 2026, 10:14 pm109 ptsCalifornia voters just torpedoed a controversial, would-be historic wealth tax on billionaires. Proposition 40 –– a measure that would have imposed a first-in-the-nation one time 5% tax on billionaires –– was rejected by Californians by 52.8% to 47.2% according to the Associated Press on…
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