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The Guardian - US
The Guardian - US
World
Dara Kerr

California’s proposed billionaire tax: what you need to know

a person in front of a sign
A sign in favor of the billionaire tax at the California Democratic party convention in San Francisco in February. Photograph: Jeff Chiu/AP

The proposed billionaire tax in California is officially heading to voters’ ballots in November. After getting more than double the necessary signatures to qualify, the secretary of state certified the ballot measure late on Thursday.

The confirmation came after backroom dealing didn’t pan out between California’s governor, Gavin Newsom, who opposes the proposal, and the labor union backing it.

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