Don’t rely on poison pills to stop the billionaire tax — speak out now
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Don’t rely on poison pills to stop the billionaire tax — speak out now
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The latest poll shows that California voters want to pass the “billionaire tax.” And also that they want to block it.
A poll released this week by the Public Policy Institute of California (PPIC) shows that 52% of likely voters favor Proposition 40, which would take 5% of the wealth of billionaires in the state.
The same poll shows that 51% of likely voters also favor Proposition 41, and that 54% of likely voters favor Proposition 42.
These are the two “poison pills” funded by Google co-founder Sergey Brin’s group, Building a Better California. They are designed to destroy Proposition 40.
The text of each says that if Proposition 41 or 42 wins more votes than Proposition 40, “the provisions of this measure shall prevail in their entirety, and all the provisions of the other measure [Proposition 40]........
