ACTA DIURNA

Elections · San Jose · Tue Nov 10, 2:31 PM Pacific

California voters reject Proposition 40 billionaire tax

Voters rejected Proposition 40, a proposed tax on billionaires. Some of the state's wealthiest residents spent hundreds of millions to defeat it.

3 reports

• Palo Alto OnlineLos votantes de California rechazan la Proposición 40, que buscaba imponer un impuesto a los multimillonarios Nov 10, 2:02 PM
• Mountain View VoiceLos votantes de California rechazan la Proposición 40, que buscaba imponer un impuesto a los multimillonarios Nov 10, 2:02 PM
• San José InsideCalifornians Reject Nation’s First Wealth Tax on Billionaires Nov 10, 2:31 PM

What traders expect

• Prop 40 wealth tax vote marginNo wins by 4+ points 87% · No wins by 7+ points 6% on Kalshi
• California Proposition 40 election: Yes vote percentAt least 48% 23% · At least 50% 4% on Kalshi

In this story: Proposition 40 (California)

Headline and summary written by the Acta Diurna desk using only what the outlets above reported. Read their reporting for the full story. How we stay neutral.

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