Times of IndiaLean R·
Polling for bill that may push out billionaires from California nears: What data shows
Proposition 40 seeks to introduce a wealth tax in California targeting those with fortunes over $1 billion. However, recent surveys show a downturn in public support as contributions from opposing groups soar. Significant financial backing from notable tech leaders has created a stark contrast, with opposition efforts raising around $340 million, overshadowing the measure's supporters. The fate of this important referendum will be decided on November 3.
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