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California billionaire tax proposal garners enough signatures to head to ballot

Proposal for a one-time 5% tax on billionaires in the state is opposed by Silicon Valley tech titans...

LATEST NEWS April 27, 2026

California billionaire tax proposal garners enough signatures to head to ballot

Proposal for a one-time 5% tax on billionaires in the state is opposed by Silicon Valley tech titans and Gavin Newsom.

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Proposal for a one-time 5% tax on billionaires in the state is opposed by Silicon Valley tech titans and Gavin Newsom.

Author: The Guardian

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