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California billionaires tax falls short of majority support, poll finds
Breaking NewsFeatured

California billionaires tax falls short of majority support, poll finds

By adminvoxa
October 20, 2026 1 Min Read
Comments Off on California billionaires tax falls short of majority support, poll finds

Billionaires tax plan still lacks majority support as Californians begin voting according to a new Citrin-POLITICO poll.

Likely voters are essentially where they were a month ago, according to the poll, with 46% in favor of Proposition 40 and 43% against — despite a recent pushed by supporters of the measure, including the senator. Bernie Sandersto rally support for the 5% flat tax on billionaires’ assets.

Falling short of a majority this late in a campaign is a red flag, ballot initiative veterans say, and the static support reflects how difficult it has been for supporters to convert anti-billionaire sentiment into likely votes, said Jon Cohenfounder and CEO of True pointwhose company responded to the survey.

“Californians think billionaires should pay more” Cohen ” said, but “that doesn’t translate so easily into a vote in favor of this tax.”

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