# Billionaire tax: What to know about California's Prop 40

https://mins.news/en/item/127981

- ABC News, 2026-11-03 23:09 UTC
- Politics
- Original: https://abcnews.com/Business/billionaire-tax-californias-prop-40/story?id=137805474

> The measure would impose a one-time tax of 5% on the wealth of billionaires in California.

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