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Prop 40 'billionaire's tax' appears to be on verge of failing

Prop 40 'billionaire's tax' appears to be on verge of failing
Photo: KRON4 (KRON-TV) · view original

(KRON) -- Proposition 40 is also known as the Billionaire's Tax. Supporters framed it as a monumental step toward reining in deep wealth inequality. Critics say it will trigger wealthy people to flee the state. Google co-founder Sergey Brin donated more than $100 million to a political committee...

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