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California billionaire tax faces spectacular collapse in bombshell new poll

California
New York Post Fews App News Provider
Fews App Post Time há 5h

The billionaires appear to be winning. California voters remain closely divided over a proposed wealth tax on billionaires to backfill federal healthcare cuts, but just 46% of likely voters are supporting it and 43% are opposed, according to a new Citrin Center-Politico poll. Proposition 40 needs a majority of voter support to raise as much as $100 billion by imposing a one-time 5% tax on state residents who had assets exceeding $1 billion at the start of 2026.

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