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It’s not just California’s billionaire tax. Wealth is on the ballot in the midterm elections.

Marcus Chen
Managing Editor · Tuesday, October 20, 2026 at 4:55 PM · 1 min read
It’s not just California’s billionaire tax. Wealth is on the ballot in the midterm elections. — MarketWatch, Munich Business news
Image: MarketWatch

Several states are dealing with ballot measures tied to taxing the rich — and there may be even more initiatives on this front in 2028.

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