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Why a vote on taxing California’s billionaires is being watched around the world

OnlineKhabar

PoliticsOnlineKhabar·Aug 19, 2026·1 min read

Why a vote on taxing California’s billionaires is being watched around the world

Representational image In November, California will vote on a proposal to levy a one-off 5% tax on the wealth of all billionaires in the state. Google co-founder and billionaire Sergey Brin has already spent US$100 million on political…

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