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California rejects billionaire tax proposal in win for executives, Newsom

Headline from The Hill · First reported Nov 6, 7:56 PM ET () · Updated Nov 6, 9:12 PM ET · 2 sources, 2 articles

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What's being reported

California voters are rejecting a proposal to impose a wealth tax on billionaire residents, marking a major win for tech and business executives, who spent hundreds of millions against the measure, according to a projection from Decision Desk HQ (DDHQ). According to DDHQ's analysis, 54 percent…

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