Prop. 3 would make permanent the income tax surcharge on tax filers earning more than $176,000.
Tag: wealth tax
Posted in2026 Election
5 tax measures are on the California ballot. Here’s how to make sense of them all
California voters haven’t had to make so many decisions about tax policy at the ballot since 1994. Our analysis shows voters tend to reject new taxes.
Posted in2026 Election
Poll: California voters support billionaire wealth tax — and its countermeasures
The wealth tax is opposed by Gov. Gavin Newsom and gubernatorial frontrunner Democrat Xavier Becerra who say the tax will drive wealthy taxpayers to other states.
Posted inPolitics & Government
Billionaire tax, affordable housing: See the measures on California’s November ballot
California voters will decide on 14 statewide policy proposals come November, including the high-stakes billionaire tax, an $11 billion affordable housing bond and voter ID requirements.
Posted inEducation
California Teachers Association opposes one-time billionaire tax
The state’s largest teachers union say they support taxing the wealthy, but prefer to do so by extending the taxes imposed under Propositions 30 and 55.