The ballot measure was supposed to fast-track the buildout of “essential” infrastructure, but some legal experts and environmental groups argued it would have loosened standards for data centers as well. [Link: What we know about results in all 14 California ballot propositions | https://calmatters.org/politics/elections/2026/11/california-election-result-propositions/ | CalMatters]
Midterm elections 2026: all the news
The ballot measure was supposed to fast-track the buildout of “essential” infrastructure, but some legal experts and environmental groups argued it would have loosened standards for data centers as well.
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California voters rejected Proposition 40, the one-time 5% tax on billionaires, the AP reported Monday. Tech leaders outspent backers roughly 10 to 1 to defeat it, and the founders and economists TechCrunch interviewed before the vote were split on whether it would have driven out wealthy residents or just trimmed their fortunes.
The novel proposal would have charged billionaires a one-time 5% tax on most of their overall wealth, including their ownership in companies.
Campaign over Prop 40, as measure was known, was most expensive in state history, flush with Silicon Valley dollars
“The billionaires may have bought themselves a temporary victory,” backers said, as California’s billionaire tax failed and a ban on new ones leads.
The 82-year-old was placed under house detention in Florida last week after being charged over possession of child sex abuse material.
California’s 548 death row prisoners could be spared execution under Gov. Gavin Newsom’s plan, announced last week, to commute every death sentence in the state to life in prison without parole. The list includes some of the most notorious and prolific convicted killers in the state’s history.
