California voters reject Proposition 40, which would have imposed a one-time 5% tax on residents with a net worth above $1B to mostly help fund health care (Associated Press)

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Associated Press:
California voters reject Proposition 40, which would have imposed a one-time 5% tax on residents with a net worth above $1B to mostly help fund health care  —  California voters have rejected a first-in-the-nation tax on the net worth of billionaires following a contentious ballot fight …

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