# Tax-the-Rich Architects Bet Their Moment Has Arrived

https://mins.news/en/item/123015

- Bloomberg News, 2026-10-30 19:30 UTC
- Economy
- Original: https://www.bloomberg.com/news/features/2026-10-30/california-s-prop-40-architects-bet-now-is-time-for-wealth-tax?link_source=ta_bluesky_link&taid=6ae4f05353aa080001e55dd4

> The architects of Proposition 40 say California is ready to tax billionaires, while the debate has become more contentious as the Nov. 3 vote approaches.

## Related coverage

- [Prop 40 explained: California votes on taxing billionaires](https://mins.news/en/video/124622) — Reuters, 2026-11-01