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How California ultra-rich prepare to fight against proposed ‘world’s first billionaire tax’

Katherine Langford
Editor-in-Chief · Saturday, October 17, 2026 at 6:57 AM · 1 min read
How California ultra-rich prepare to fight against proposed ‘world’s first billionaire tax’ — Mint India, Bangalore Technology news
Image: Mint India

Tech billionaires have reportedly raised more than $340 million to defeat 'Proposition 40', a one-time 5 percent wealth tax that will fund healthcare and education.

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