Author Topic: California voters hate the ‘terribly drafted, illegal’ billionaires’ tax, new poll shows  (Read 86 times)

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Offline rangerrebew

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California voters hate the ‘terribly drafted, illegal’ billionaires’ tax, new poll shows
By Josh Koehn and Annie Gaus
Published Jan. 12, 2026
 Updated Jan. 12, 2026, 9:27 p.m. ET
 
California voters are likely to put the kibosh on the state’s controversial proposed “Billionaire Tax,” according to a poll exclusively obtained by The Post.

The survey conducted by David Binder Research found that the proposed wealth-tax ballot measure initially had a slim majority of support, with 55% of voters saying they liked the idea of the one-time 5% tax on California residents worth more than $1 billion.
 
The survey conducted by David Binder Research found that the proposed wealth-tax ballot measure initially had a slim majority of support.
 
Sergey Brin is reportedly pulling back from California, joining Google co-founder Larry Page and other billionaires in paring ties to the state before voters decide later this year whether to impose a steep wealth tax.
 
But support has since collapsed to just 41% of voters, while those opposed surged to 53% — after respondents heard arguments from both sides, the pollsters said.

https://nypost.com/2026/01/12/us-news/california-voters-are-likely-to-vote-against-billionaire-wealth-tax-poll-shows/
« Last Edit: January 13, 2026, 09:35:58 am by rangerrebew »
"A great civilization is not conquered from without until it has destroyed itself from within. " -- Ariel Durant

Offline rangerrebew

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It looks like California politicians misjudged the voters big time.  I guess the idea of having to make up all the revenue being lost as billionaires leave the state doesn't sit well. **nononono*
"A great civilization is not conquered from without until it has destroyed itself from within. " -- Ariel Durant

Offline rangerrebew

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"A great civilization is not conquered from without until it has destroyed itself from within. " -- Ariel Durant