From Sfchronicle · · 50s
California Prop 40 Polls Show Declining Support
California voters' support for a billionaire tax proposal drops as polls indicate a shift in favor of opponents.
In brief
California voters' support for a billionaire tax proposal drops as polls indicate a shift in favor of opponents. California voters now support Prop 40's billionaire tax by 46% versus 52% opposition, down from earlier leads. Originally reported by Sfchronicle.
Polls Show Declining Support
Recent polls indicate California voters' support for Prop 40's billionaire tax has dropped.
Poll Results from Major Institutions
Public Policy Institute of California found 46% support down from 52% in September.
Berkeley IGS Poll Data
Berkeley IGS found 50% opposition versus 42% support for the tax in October.
Opposition Funding and Arguments
Opponents raised hundreds of millions from billionaires, arguing the tax would drive wealthy residents away.
Supporters and Future Challenges
Supporters include Bernie Sanders and Tom Steyer; tax needs 50% plus Prop 41 and 42 outcomes.
What to remember
California voters now support Prop 40's billionaire tax by 46% versus 52% opposition, down from earlier leads.
