www.stiripesurse.ro/alegatorii-din-california-resp

California voters rejected a proposed 5% tax on billionaires' net wealth, marking a significant win for tech leaders who opposed the measure. The defeat of Proposition 40 is seen as a setback for progressives advocating for wealth taxation. The campaign against the tax raised significantly more funds, with major contributions from tech figures like Sergey Brin. The proposed tax aimed to address federal health funding cuts and support education and food assistance programs. Despite backing from prominent liberals, including Bernie Sanders, the measure failed to gain voter approval, reflecting the challenges of implementing wealth taxes in the U.S.