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Momentum Grows For Billionaire Wealth Tax in California

California Nurses Association, which represents more than 100,000 healthcare workers, endorses Proposition 40.

  • Proposition 40 aims to tax billionaires at 5% once, generating $100B over 5 years.
  • California Nurses Association endorses the measure, representing 100k+ healthcare workers.
  • Opposed by Governor Newsom, measure appears on November 3 ballot with narrow support.

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