California billionaire tax short of majority as voting starts, poll finds

California's Proposition 40, a proposed one-time tax of up to 5% on billionaires resident on Jan. 1, 2026, is short of majority support as ballots are cast, a Citrin-POLITICO poll found. For savers and investors, the early deficit leaves the levy's fate uncertain. I'd treat polling this far out as noisy, not predictive.