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From · Tue 13:00

Timeline

Wires and corporate press also on it: Los Angeles Times, The New York Times, The Guardian, The Hill, ABC News

Outlets posting about it

Mother Jones · Tue 23:00
Greed is on the California ballot, and it appears to be winning. Billionaires are spending a fortune to spread fear about Prop. 40, which, if it passes, would be the first-ever tax on excessive wealth.
Mother Jones · Mon 19:00
The billionaires know their threat to leave CA if #Prop40 passes "is total propaganda,” Rep. @rokhanna.bsky.social told @michaelmechanic.bsky.social. “The AI revolution is happening in the Bay Area—it’s not happening in Miami or Austin...They simply believe they’re entitled to this wealth."
Mother Jones · Sat 22:40
And they're getting help from Gov. Gavin Newsom.
Mother Jones · Sat 18:15
Why are prominent Democrats opposed to a pathbreaking wealth tax proposal?
Mother Jones · Fri 20:52
California billionaires may well prevail in their quest to block a state wealth tax
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A “Tax the Ultra-Rich Now” bus parked outside the Curran Theater before the start of a "Ballots Over Billionaires" rally in San Francisco on Oct. 3, 2026.(Manuel Orbegozo / CalMatters) California voters are deciding whether the state will levy a first-of-its-kind tax on billionaires. If it passes, Proposition 40 would…
laist.com ↗
Primary sources
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The billionaires know their threat to leave CA if #Prop40 passes "is total propaganda,” Rep. @rokhanna.bsky.social told @michaelmechanic.bsky.social. “The AI revolution is happening in the Bay Area—it’s not happening in Miami or Austin...They simply believe they’re entitled to this wealth."
motherjones.com ↗California billionaires may well prevail in their quest to block a state wealth tax
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Greed is on California’s state ballot, and it appears to be winning. For a while, Prop. 40, the Billionaire Tax initiative, which is supported by the state Democratic Party but opposed by many unions and prominent Democrats, was polling well. The notion of taxing the excessive wealth of the super-rich, or the basis of…
Primary sources
0Read on motherjones.com ↗
Californians’ appetite for a first-in-the-nation wealth tax appears to be waning. With less than a week before Election Day, support for Proposition 40, a proposed billionaire tax, is now under water, according to the latest poll by Public Policy Institute of California. Published Tuesday, the survey found that 46% of…
calmatters.org ↗
0Read on calmatters.org ↗