Sunday, November 15, 2026SubscribeMastheadAbout
Cali ReporterCalifornia · National · West Coast · Good News

Advertisement

California

Why the billionaire tax can win but still fail

Billionaires really don’t want voters to pass Proposition 40.

Portrait of DeShawn Carter
Crime & Courts · September 24, 2026
Share

AI-generated editorial illustration from an imagined camera angle.
AI-generated editorial illustration from an imagined camera angle. Source image: calmatters.org.

Billionaires really don’t want voters to pass Proposition 40. Not only have they poured more than $187 million so far to try and defeat the measure, they’ve also placed two other measures, Prop.

41 and Prop. 42, on the November ballot.

Original reporting: CalMatters.

The Cali Reporter newsletter

The stories worth your time.

California, the country, and what comes next. Join our free newsletter for reporting that keeps you informed.

By joining, you agree to receive the Cali Reporter newsletter. Unsubscribe at any time. Privacy policy.

More in California

Advertisement