California voters reject billionaire tax that tech elite tried to stop

Supporters said the measure would have raised over $100 billion for state funds, but opponents feared it would have sparked a wealth exodus.

Nov 10, 2026 - 07:00
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California voters reject billionaire tax that tech elite tried to stop
Supporters said the measure would have raised over $100 billion for state funds, but opponents feared it would have sparked a wealth exodus.

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