The Aporia
CA Post Editorial Board. (2026, September 17). Don’t rely on poison pills to stop the billionaire tax — speak out now. New York Post. https://nypost.com/2026/09/16/opinion/dont-rely-on-poison-pills-to-stop-the-billionaire-tax/
CA Post Editorial Board. “Don’t rely on poison pills to stop the billionaire tax — speak out now.” New York Post, 17 Sept. 2026, https://nypost.com/2026/09/16/opinion/dont-rely-on-poison-pills-to-stop-the-billionaire-tax/.
CA Post Editorial Board. “Don’t rely on poison pills to stop the billionaire tax — speak out now.” New York Post, September 17, 2026. https://nypost.com/2026/09/16/opinion/dont-rely-on-poison-pills-to-stop-the-billionaire-tax/.
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In an upcoming California election, Proposition 40 aims to impose a wealth tax on billionaires at a rate of 5%. A recent poll by the Public Policy Institute of California (PPIC) shows that 52% of likely voters support Proposition 40. However, two opposing ballot measures, Propositions 41 and 42, funded by Google co-founder Sergey Brin’s group Building a Better California, are designed to undermine Proposition 40 if they receive more votes. The PPIC poll also indicates that 51% of voters support Proposition 41 while 54% back Proposition 42, which could invalidate Proposition 40 should either measure win the popular vote. Despite these challenges, supporters argue that Proposition 40 still has a chance to pass and must be defended against what they see as efforts to sabotage it.