# Prop 40 explained: California votes on taxing billionaires

https://mins.news/en/video/124622

- Reuters, 2026-11-01 18:26 UTC
- Politics
- Original: https://www.youtube.com/watch?v=sHB1gDLq6cM

> A novel levy on billionaires is on the ballot in California. Its fate will indicate whether voters favor bringing in more money from the state's richest residents.

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