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If California's Prop. 42 passes with more votes than Prop. 40, it could nullify the billionaire wealth tax

The measure would nullify the competing billionaires tax if it wins more votes, according to its ballot language.

Summary by Abc10 News
Analysis: If Proposition 42 passes by one more vote than Proposition 40, the California billionaire wealth tax, it could block Prop. 40 from taking effect.

4 Articles

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California Billionaire Tax Could Lose Even If Voters Approve It

Two other ballot initiatives, pushed forward by a billionaire-backed group, could nullify the measure even if it wins in November.

·New York, United States
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abc10 Newsabc10 News
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If California's Prop. 42 passes with more votes than Prop. 40, it could nullify the billionaire wealth tax

Analysis: If Proposition 42 passes by one more vote than Proposition 40, the California billionaire wealth tax, it could block Prop. 40 from taking effect.

·Poway, United States
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abc10 News broke the news in Poway, United States on Monday, October 12, 2026.
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