The ballot initiative, which has divided Democrats, would implement a one-time tax on wealthy Californians if approved by voters in the fall.

California's billionaire wealth tax qualifies for the November 2026 ballot. Passage at 18% YES.

California's 2026 Billionaire Tax Act targets $100 billion in revenue from 200 billionaires, including digital asset holdings. Here's what crypto investors

Billionaire tax measure qualifies for California's November 2026 ballot. Tax passing at 32% YES.