Midway through this summer, a high-quality poll found that Democrats in California were overwhelmingly in favor of the upcoming ballot measure for a one-time 5% tax on billionaire wealth.

The ratio was more than 4 to 1. But the state’s most powerful Democrats – including the governor Gavin Newsom, his near-certain successor Xavier Becerra and the Los Angeles mayor Karen Bass – have lined up with Silicon Valley billionaires who’ve raised upward of $340m to defeat the initiative.

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[–] 1 point 1 week ago (2 children)

The proposition, prop 40, seems likely to fail anyway, though... Even if it passes, both props after it, 41 and 42, have to fail, because either of them will effectively cancel 40 even if it passes, and they're sold as things like "protecting your retirement"

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