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California voters reject wealth tax proposal aimed at billionaires

California voters have rejected a proposal for a wealth tax on billionaires, with 54% voting against it. This decision is viewed as a victory for business executives who campaigned against the measure.

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California voters have rejected a proposal for a wealth tax on billionaires, with 54% voting against it. This decision is viewed as a victory for business executives who campaigned against the measure.

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Original Headline

California rejects billionaire tax proposal in win for executives, Newsom

Neutral Headline

California voters reject wealth tax proposal aimed at billionaires