Posted on 11/03/2026 9:50:12 PM PST by aquila48
Proposition 40 — the billionaire wealth tax — had the support of about 43% of ballots cast as of 8:33 p.m, according to preliminary returns from the California Secretary of State. The Associated Press estimates about 41% of votes had been counted. There are also two billionaire-backed measures on the ballot — Propositions 41 and 42 — that would void the tax if either wins majority support; those measures would also need to surpass Prop. 40 in votes to have that impact.
(Excerpt) Read more at sacbee.com ...
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One of the few victories for our side.
I was kind of hoping it would pass.
I was kind of hoping it would pass.
For the billionaires. Not for us. They will come after us and our assets. The middle class.
Too early to call. Commiefornia has an unlimited amount of time to generate...upp, oop...I mean count....count the necessary votes.
speaking of that, Elon hasn’t spoken tonight
He’s probably depressed, given the carnage in Texas.
The governor and most of the ruling elite oppose the tax. It’s going down
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