The Aporia
Faria, Z. (2026, October 26). California Democrats still butting heads over destructive wealth tax. Washington Examiner. https://www.washingtonexaminer.com/opinion/beltway-confidential/4779943/california-democrats-still-butting-heads-over-destructive-wealth-tax/
Faria, Zachary. “California Democrats still butting heads over destructive wealth tax.” Washington Examiner, 26 Oct. 2026, https://www.washingtonexaminer.com/opinion/beltway-confidential/4779943/california-democrats-still-butting-heads-over-destructive-wealth-tax/.
Faria, Zachary. “California Democrats still butting heads over destructive wealth tax.” Washington Examiner, October 26, 2026. https://www.washingtonexaminer.com/opinion/beltway-confidential/4779943/california-democrats-still-butting-heads-over-destructive-wealth-tax/.
Dated from the outlet's own feed. Check the original for its byline.
California Democrats are divided over Proposition 40, a ballot initiative proposing a one-time wealth tax of 5% on billionaires. With the election just a week away, polls show conflicting results: a California Post/McLaughlin & Associates poll puts Proposition 40 trailing at 32.5%, compared to a Citrin/Politico poll which shows it leading with 46%-43% support. However, even if Proposition 40 passes, it could be nullified by either of the competing propositions, Propositions 41 and 42, should they garner more votes than Proposition 40. This division among Democrats complicates efforts to secure the proposition's passage among California’s predominantly Democratic voter base.
"one-time" confiscation of 5% of billionaires’ wealth
trailing among voters, 32.5% to 52.6%