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The measure had the support of progressive leaders from outside the state, including Vermont Senator Bernie Sanders, who participated in events in several cities in California in the final weeks of the campaign, encouraging voters to approve it. #Califórnia #Proposta40 #Impostos (translated)

2:51 PM · Nov 10, 2026

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Observador 1h

California voters rejected Proposition 40, which proposed a 5% tax on the wealth of multimillionaires, in a decision seen as a victory for the Democratic leaders who opposed the measure. #Califórnia #Proposta40 #Impostos (translated)

observador.pt
Califórnia rejeita taxa sobre riqueza dos multimilionários
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Gavin Newsom 1h
40th governor of California since 2019

Gavin Newsom claims that a wealth tax in California would put the state at a disadvantage, but supports a national minimum tax for anyone with a net worth over 100 million dollars. #Califórnia #Proposta40 #Impostos (translated)

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