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California voters consider proposition to tax billionaires' wealth

The EditorFounder & Editor

Proposition 40 would impose a one-time 5% tax on the wealth of Californians whose net worth exceeds $1 billion, with most of the revenue dedicated to replacing federal funding cuts to healthcare.

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You'll enter your details directly with our partner on their secure site — Step by Step never collects or stores your Social Security number.

Check My Eligibility