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Maxine Waters

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[QUIET] [POLITICS] [US]

California billionaire wealth tax on ballot, split

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Latest: San Francisco Democrats vote against California billionaire tax

Proposition 40, a proposed one-time 5% tax on Californians with a net worth exceeding $1 billion, is set for the November 3, 2026, ballot. The measure aims to raise approximately $100 billion to fund Medi-Cal, food assis

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