Gov. Gavin Newsom vowed to stop a billionaire tax in California. The deadline for the measure to appear on the November ballot is days away.

Odds that a proposed billionaire tax is on California's ballot dropped after reports noted that Gov. Gavin Newsom is pushing to stop the proposal.

California's billionaire tax faces steep decline after Newsom's opposition. Tax passing in 2026 now at 19% YES.

Gov. Gavin Newsom vowed to stop a billionaire tax in California. The deadline for the measure to appear on the November ballot is days away.