US Elections: Democrats Win in California – and the Billionaires?
The state elects a Latino as governor. At the same time, Californians voted on the new billionaire tax. Behind the record-expensive defense campaign is a co-founder of Google.
Xavier Becerra has won the California governor's race, defeating Republican Steve Hilton. Becerra, the son of Mexican immigrants and a former US Health Minister, will be the first Latino to lead the state's government. He replaces Gavin Newsom, who is term-limited and considered a potential presidential candidate. In a separate vote, California rejected a proposed wealth tax on billionaires, known as Proposition 40, which aimed to fund healthcare programs.
The tax's defeat is a significant win for tech billionaires, including Google co-founder Sergey Brin, who spent over $300 million opposing the measure.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
