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Billionaire tax continues to trail as many Californians vote to spare the state's ultra-rich stars

Billionaire tax continues to trail as many Californians vote to spare the state's ultra-rich stars
Photo: Los Angeles Times - California · view original

In one of the most expensive ballot fights in California history, opponents heavily outspent supporters of a billionaire tax to mostly fund healthcare. On Wednesday, the wealth tax appeared headed for defeat though results on Proposition 40 were too close to call.

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