Will Californians Back the Billionaire Tax? New Poll Shows a Close Race

California billionaire tax draws majority support in new poll — but there’s a big catch

California voters favor the billionaire tax that’s on the November ballot, according to a new poll — but there are pitfalls ahead for the controversial measure that’s spurred some of the ultra-wealthy to take their business elsewhere. Fifty-two percent of likely voters said they support Proposition 40, the proposed 5% one-time tax on the total...

POLITICS: Don’t rely on poison pills to stop the billionaire tax

The latest poll shows that California voters want to pass the “billionaire tax.” And also that they want to block it. Wait — what? A poll released this week by the Public Policy Institute of California (PPIC) shows that 52% of likely voters favor Proposition 40, which would take 5% of the wealth of billionaires in the state. SEIU-United Healthcare Workers West President Dave Regan attends a summit hosted by Politico on Tuesday, Aug. 11, 2026, in…

California Billionaire Tax Has a Slim Lead in New Poll, but Still ‘a Lot of Work to Do’

While 52% of likely voters said they would vote yes on Proposition 40, they are also lining up behind two competing November ballot measures that could nullify the wealth tax.

EXCLUSIVE: GOP Message on tax bill emerges as top argument for undecideds in new poll

Will Californians back the billionaire tax? New poll shows a close race

Likely voters in California narrowly support Proposition 40, the hotly contested billionaire tax proposal — but slim majorities also support two billionaire-backed countermeasures that would nullify the big wealth tax.  That’s according to a new poll of over 1,100 likely voters released last night by the Public Policy Institute of California with two months to […]

Election 2026 poll: California voters back billionaire tax — and measures that could block it

A majority of likely voters would support the Proposition 40 tax on billionaires, but also competing measures intended to thwart it.