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Gavin Newsom
The latest Gavin Newsom coverage from Bullquill: sourced, dated and explained.
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California billionaire tax: who pays Prop 40's one-time 5% levy
Voters decide on November 3 whether billionaires who lived in California on January 1, 2026 must pay 5% of their net worth once. The LAO says 90% of the money would go to public health care, and rival Props 41 and 42 could cancel it.
