California Secretary of State Shirley Weber said supporters of a one-time wealth tax on billionaires collected enough signatures to put the measure before voters in November, with formal qualification set for June 25 unless proponents withdraw it. The proposal, backed by Service Employees International Union-United Healthcare Workers West, would impose a one-time 5% tax on individuals with net worth above $1 billion who lived in California as of Jan. 1, 2026. Supporters designed the tax to ra...

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