California voters reject measure to tax the wealth of billionaires
Marcus Hayes
Marcus Hayes
Reporter · Killeen, TX
Marcus has been a reporter for 4 years and has a degree in Community Development from the University of Texas at Arlington. His work has appeared in various local publications including the Killeen Daily Herald, where he focused on grassroots initiatives and community events.
More from Marcus →Reporter · Tuesday, November 10, 2026 at 2:42 AM · 1 min read
California voters have rejected a tax on the net worth of billionaires following a contentious and expensive ballot fight. The measure would have imposed a one-time 5% tax on the wealth of Californians whose net worth exceeds $1 billion. It…