A proposed state ballot measure aiming to impose a 5% tax on California’s wealthiest residents is facing declining public backing, according to a recent poll. The initiative, targeting the net worth of the state’s 200 billionaires, now has support from less than half of registered voters. The shift in opinion could impact the measure’s chances of passing, as it seeks to generate billions for education and healthcare funding. Polling data suggests growing skepticism about the proposal’s feasibility or impact among Californians.
California's state ballot measure proposing a 5 percent tax on the state's 200 billionaires' net worth is losing support, according to a new poll released Monday. The University of California, Berkeley Citrin Center for Public Opinion Research-POLITICO poll found that 45 percent of registered California voters support the ballot measure Proposition 40, known as the...
