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California will vote on billionaire tax
politics

California will vote on billionaire tax

The Hill · Jun 26, 2026, 12:34 PM · Also reported by 4 other sources

Why this matters: political developments that affect policy direction and public trust.

California voters will decide in November whether to temporarily raise taxes for billionaires after the labor union backing the proposal announced Thursday that it will move forward with the controversial ballot initiative. The proposal, known as the California Billionaire Tax Act, would impose a on

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