Billionaire Tax Battle in California | San Jose News

California’s ballot battle this November pits a billionaire tax aimed at funding healthcare and food aid against two measures designed to block it—creating a high-stakes legislative chess match where even a majority vote isn’t enough. Proposition 40, backed by healthcare workers and popular with over half of voters, faces stiff opposition from Governor Newsom and candidates vowing to protect the state’s economy. But to pass, it must outvote both Proposition 41 (which would require auditor review of special taxes) and Proposition 42 (which would ban new personal property taxes). Meanwhile, other measures like voter ID and tax reform are struggling to reach the 50% threshold, revealing deep partisan divides on how to handle state finances. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Sources:https://www.mercurynews.com/2026/09/15/poll-california-voters-back-billionaire-tax-and-measures-that-could-block-it/ More coverage & latest updates:https://sources.thednn.ai/3ddfe35b636b9f20 Report issues to [email protected].