Billionaires Tax Closer To California Ballot—Here’s Who Has Already Left
Corroborated by 2 sources from 2 publishers
ushealth4/27/2026
TL;DR
Reports differ across sources; according to forbes.com, topline Organizers of a proposal to impose a one-time, 5% tax on the wealth of California residents with assets worth at least $1.1 billion say they've collected twice as many signatures as they need to get the measure before the state's voters on November's ballot—as a number of bold-faced billionaires have already change their residency.