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Poll Finds 48% Support for California’s Prop 40

8/18/2026

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Story summary
  • Poll shows 48% support, 41% oppose, and 11% undecided on Proposition 40, a 5% tax on the net worth of 200 California billionaires.
  • Seventy percent of Democrats back the measure while only 12% of Republicans do.
  • Among unaffiliated voters, 50% support Proposition 40 and 39% oppose it.
  • Opponents will spend heavily to defeat the initiative, which appears on the November California ballot.