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Proposition 40, which proposes a tax on billionaires in California to fund healthcare initiatives, has faced opposition from politicians and other influential groups. The proposal is set to be voted on by residents.
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Proposition 40, which proposes a tax on billionaires in California to fund healthcare initiatives, has faced opposition from politicians and other influential groups. The proposal is set to be voted on by residents.
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Billionaire tax rejected on concern squeezing California's ultra-rich would harm the economy
California's Proposition 40 to Tax Billionaires Faces Opposition