The main group opposing the tax raised $333.1 million ahead of the midterms.

Voters in California have rejected a tax on the state's wealthiest residents, CBS News projects, following a campaign that ...

The ballot measure, which would have imposed a one-time, 5% tax on billionaires’ assets to offset federal health care cuts, ...

California’s death row faces a major change as Gavin Newsom acts on capital punishment before Xavier Becerra takes office.

California voters rejected Proposition 40, the one-time 5% tax on billionaires, the AP reported Monday. Tech leaders outspent ...

A 5% wealth tax on the assets of California’s more than 200 billionaires that would have helped the state offset recent ...

California voters have rejected a ballot measure that sought to impose a one-time tax on the state’s billionaires, NBC News ...

If it fails, Proposition 40 would be an outlier among progressives’ Election Day victories.

California voters rejected a proposed 5% tax on billionaire wealth as supporters vowed to keep pushing and critics warned ...

Campaign over Prop 40, as measure was known, was most expensive in state history, flush with Silicon Valley dollars ...

The Associated Press called California’s gubernatorial race for Democrat Xavier Becerra at poll close on November 3, ...