California voters fail to pass proposed one-time tax on billionaires’ wealth
Campaign over Prop 40, as measure was known, was most expensive in state history, flush with Silicon Valley dollarsCalifornia billionaires won a contentious ballot measure campaign, defeating a proposed one-time tax on their wealth.The bruising campaign over Proposition 40 was the most expensive in state history and witness to back-and-forth dealing from tech billionaires and democratic leaders, including Gavin Newsom,…
Campaign over Prop 40, as measure was known, was most expensive in state history, flush with Silicon Valley dollarsCalifornia billionaires won a contentious ballot measure campaign, defeating a proposed one-time tax on their wealth.The bruising campaign over Proposition 40 was the most expensive in state history and witness to back-and-forth dealing from tech billionaires and democratic leaders, including Gavin Newsom,…
