UC Berkeley Poll on Billionaires Tax and Countermeasures Published

A poll published by UC Berkeley’s Institute of Governmental Studies assessed support for several ballot measures for the November 3 general election in California. The poll found that support for Proposition 40, a tax on billionaires’ wealth, stood at 45% among likely voters, which was below the required majority. The poll also assessed two countermeasures: Proposition 41 at 37% and Proposition 42 at 43%. G. Cristina Mora, co-director of the institute, commented on the findings, stating that the results suggested tough news for Proposition 40 proponents.

The findings suggest that the potential for a new state tax on wealth is facing significant headwinds ahead of the general election. The poll provides a detailed look at the support levels for the tax and its potential nullifying measures.