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5.1

California Wealth-Tax Referendum Splits Democrats as Support Slips

A California ballot initiative to tax billionaires' net worth faces declining support after opposition fundraising. The measure would be a first-of-its-kind wealth tax in the US, but its fate is uncertain amid intra-party division.

La Vanguardiaabout 20 hours agoUSCredibility 56%View source

Score Breakdown

Mosaic Score5.1
Model confidence0.5
Significance0.5
Source credibility0.6

Intelligence Tags

#wealth-tax#referendum#democrats#california#tax-policy

Locations

California

Entities

country
Source

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