Business
Californians vote on nation’s first wealth tax on billionaires
By Marcus Chen
Californians vote on nation’s first wealth tax on billionaires
Katherine Langford
Katherine Langford
Editor-in-Chief · Edina, MN
Katherine oversees editorial operations across all six brands. Before joining The Meridan Group, she spent 14 years at the Minneapolis Star Tribune, where she led the metro desk through its digital transformation. She holds a Master's in Journalism from Northwestern's Medill School.
More from Katherine →Editor-in-Chief · Tuesday, November 3, 2026 at 1:00 PM · 1 min read
This story was originally published by CalMatters. Sign up for their newsletters. California voters are deciding whether the state will levy a first-of-its-kind tax on billionaires. If it passes, Proposition 40 would assess a one-time 5% tax on the net worth of the state’s roughly 200 billionaires, targeting their stocks, bonds, business holdings and other [ ] The post Californians vote on nation’s first wealth tax on billionaires appeared first on Danville San Ramon.
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