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      <title>California billionaire tax, Proposition 40, faces record opposition spending a week before vote</title>
      <link>https://news.ketelle.co.uk/stories/california-billionaire-tax-proposal-faces-300m-opposition-campaign</link>
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      <pubDate>Mon, 26 Oct 2026 18:51:37 +0000</pubDate>
      <category>US</category>
      <description>Californians vote on 3 November on Proposition 40, a one-time 5% tax on billionaires' assets, after opponents raised over $300m against $32m for supporters. Coverage differs on the polls, the economic effects and the split among Democrats. (3 outlets: 1 left · 0 centre · 2 right)</description>
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