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California’s billionaire tax faces defeat, but tech execs may not be off the hook

Times of india·6 Nov 2026
California’s billionaire tax faces defeat, but tech execs may not be off the hook

In a notable decision, California voters have turned down Proposition 40, which aimed to implement a wealth tax on billionaires. Conversely, Propositions 41 and 42 have gained majority favor.…

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