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Politics / General

California's Proposition 40: What voters need to know about the billionaire wealth tax

Source: cnbc October 22, 2026 · 05:19
California's Proposition 40: What voters need to know about the billionaire wealth tax
Photo by https://kaboompics.com/ · Pexels
From the publisher
California's billionaire wealth tax, Proposition 40, looks like a close call based on recent polls. Here is what to know before Election Day on Nov. 3.
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CNBC

The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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