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California voters reject new tax on billionaires in a blow to the left

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NBC News
By Adam Edelman
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California voters reject new tax on billionaires in a blow to the left
Photo / Coverage: NBC NewsCredit: Adam Edelman
EXECUTIVE SUMMARY

California voters have rejected a ballot measure that sought to impose a one-time tax on the state’s billionaires, NBC News projects, dealing a blow to progressives who championed the proposal.

Key Takeaways

  • California voters reject new tax on billionaires in a blow to the left.
  • California voters have rejected a ballot measure that sought to impose a one-time tax on the state’s billionaires, NBC News projects, dealing a blow to progressives who championed the proposal.
  • California voters have rejected a ballot measure that sought to impose a one-time tax on the state’s billionaires, NBC News projects, dealing a blow to progressives who championed the proposal.

California voters have rejected a ballot measure that sought to impose a one-time tax on the state’s billionaires, NBC News projects, dealing a blow to progressives who championed the proposal.

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