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California voters rejected the 5% billionaire wealth tax after a $300 million opposition push. Backer Scott Ellis says the fight over excessive wealth is just beginning.
California voters defeated Prop 40, an asset tax projected to raise $100 billion, after Governor Gavin Newsom opposed it and a do…
Brin gave $132m of a $425m war chest against Prop 40, outspending the union-backed pro-tax camp 14-to-1 in California's costliest…
Proposition 40, a 5% one-time tax on Californians worth over $1.1bn, failed after a $100m-plus opposition campaign by Sergey Brin…
California rejected a one-time 5% wealth tax on billionaires after a campaign where the opposition raised roughly 10 times more,…
Californians rejected Prop 40, a one-time 5% tax on the state's 214 billionaires, after tech elites spent about $130 million oppo…
California’s 5% billionaire tax appears headed to defeat after opponents spent more than $300 million. Votes are still being tall…
Google, Meta Platforms and TikTok sued California to block Assembly Bill 1709, which targets addictive design features for childr…
Meta, Google and TikTok sue California AG Rob Bonta over AB 1709, which bans addictive features for minors and threatens fines up…
Proposition 40 failed 55.6% to 44.4% after a record $500 million-plus fight, but Democrats in Washington plan a federal billionai…
Proposition 40's one-time 5% tax on $1 billion-plus fortunes was too early to call as opponents, backed by $333 million, pushed r…
