Proposition 40: Examining California's Billionaire Tax
What is the “Billionaire Tax,” and why has it been so controversial? Proposition 40 proposes a one-time 5% tax on the wealth of California billionaires living in the state as of January 1, 2026.
With Election Day just around the corner, join CalTV News reporter Brynn Gibson as she explores the debate surrounding Prop 40 and what the proposed tax could mean for Californians.
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Produced/Edited By: Brynn Gibson
