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California Voters Reject Prop. 40 Billionaire Tax Measure

California Voters Reject Prop. 40 Billionaire Tax Measure
Key Points

Under the tax measure, Proposition 40, California would have imposed a one-time, 5 percent tax on the personal assets of billionaires and devoted most of the revenue to health care.

Under the tax measure, Proposition 40, California would have imposed a one-time, 5 percent tax on the personal assets of billionaires and devoted most of the revenue to health care. [Image text:] 19 VELIVES -40 M4 AVELIVE LLION YES40 YES40 AVE LIVES NO-41-43 BILLIONAIRES AVE LIVES.TAY 42 N8 AVELIVE RILLION SAVE LIVES YES-40 XBILLION -41-42 AX BILLIONAIP ES40 YES40 SAVELIVES SAVE /ELIVES 04142 NO4142 XBILLIONAIRES TAXBILI LLIONAIRES YES40 /ELIVES.TAX BILLIONAIRES AVE LIVES.TAXBILLIONAIRES. YI YES40 NO-41-42 Committee D #1484470.Ad Committee's To N by Committee ID #1484470.Ad Committee's Top Funders es International Union-United Healthcare Wo NO-41-42 byees International Union-United Healthcare Workers West Saikat Chakrabarti, Ross Boucher Saikat Chakrabarti, Ross Boucher. YESon4O.com/Welcome Funding Details at www.fppc.ca.gov Funding Details at www.fppc.ca.gov n40.com/Welcome C5 YES-40 NO-41-42 J32 YES ON 40 NO-4142
California (LOCATION)
Originally published by New York Times Read original →