Wednesday, October 7, 2026 Global edition
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California's Proposition 40: What voters need to know about the billionaire wealth tax

California's billionaire wealth tax, Proposition 40, looks like a close call based on recent polls. Here is what to know before Election Day on Nov. 3.

A patterned array of industrial shipping containers stacked in a storage terminal.

Photo: Jan van der Wolf / Pexels

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