Polls Near on California Billionaire Wealth Tax as Public Support Dips
Proposition 40 would impose a wealth tax in California on individuals with fortunes exceeding $1 billion. Recent surveys indicate that public backing for the measure has weakened. Opponents have raised roughly $340 million, far outpacing the funds raised by supporters. Major tech figures have been among the significant donors shaping the campaign's financial landscape. Voters will decide the measure's fate on November 3.
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