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Proposition 40: California One-Time Wealth Tax for State-Funded Healthcare, Education, and Food Assistance Programs Initiative

California

Nov 3

Levy a one-time 5% tax on the accumulated wealth, including shares of capital stock, bonds or other evidences of indebtedness, and any legal or equitable interest, of billionaires in the state to fund state-funded health care programs, such as Medi-Cal

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