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California voters still split on Proposition 40 billionaire tax

By Drooid · Oct 19, 2026, 4:38 PM UTC · How we work

Summary

Story summary

California voters remain short of majority support for Proposition 40, a one-time 5% billionaire tax.
A Citrin-POLITICO poll finds 46% in favor and 43% opposed.
The poll found likely voters' preferences unchanged from a month earlier.
Jon Cohen, TrueDot founder and CEO, called the static support a red flag.
Cohen said Californians think billionaires should pay more, but sentiment rarely translates into votes.

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Story summary

California voters remain short of majority support for Proposition 40, a one-time 5% billionaire tax.
A Citrin-POLITICO poll finds 46% in favor and 43% opposed.
The poll found likely voters' preferences unchanged from a month earlier.
Jon Cohen, TrueDot founder and CEO, called the static support a red flag.
Cohen said Californians think billionaires should pay more, but sentiment rarely translates into votes.