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Billionaire tax is endorsed by California Democrats, deepening party divisions over Prop. 40

2 verified updates • corroborated by 2 independent sources • tracked since August 02, 2026

• 🔵
  07:00 PM 1 source: Politico

  California Democratic Party endorses billionaire tax
• 🟡
  09:30 PM 1 source: Los Angeles Times

  Billionaire tax is endorsed by California Democrats, deepening party divisions over Prop. 40