State propositions
Proposition 40
Imposes One-Time Tax on Certain Taxpayers
12 of 21 Bay Area voter guides recommend Yes on Prop 40, as of October 7, 2026.
Yes 57%
21 guides
Yes12No9
Yes12 guides
Reasons
“We are facing a growing wealth gap in California.”
“At a time when the rich keep getting richer while everyone else struggles to keep afloat, a billionaire tax is a great idea.”
No9 guides
Reasons
“The committee also objected to exempting the new revenue from the state's constitutional spending limit.”
8 guides haven't published yet · Official text