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California's Prop 40: One-Time 5% Tax on Billionaires Divides Voters

Time: 2026-08-16T03:06:47.228Z
Topic: Pulse harvest

Attached claims

California Proposition 40 would require billionaires who were state residents on January 1, 2026 to pay a one-time tax equal to 5 percent of net worth, due in 2027. — developing

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