# Bezos and Zuckerberg Win in California Tax Vote

> California voters reject billionaire tax proposal, backing measure to protect retirement savings.
- Title: Bezos and Zuckerberg Win in California Tax Vote · Clarín
- Summary: California voters reject billionaire tax proposal, backing measure to protect retirement savings.
- Keywords: california, gavin newsom, prop 40, prop 42, silicon valley, billionaire tax, Clarín
- Source: Clarín — https://clarin.com/estados-unidos/victoria-bezos-zuckerberg-california-avanzo-prop-40-impuesto-multimillonarios-silicon-valley_0_y7pd4FXFB6.html
- Author: Redacción Clarín
- Published: 2026-11-07T08:29:05+00:00
- Read time: 1 min
- Topics: california, gavin newsom, prop 40, prop 42, silicon valley, billionaire tax, news
## California voters approve tax measure
California voters approved Proposition 42, blocking new taxes on wealth, as Proposition 40 for billionaire tax failed.

> Estos californianos respaldaron las protecciones más sólidas disponibles para proteger los ahorros de toda una vida, fruto de mucho esfuerzo, de la doble imposición
## Proposition 42 funding and supporters
Proposition 42 received $159 million from tech billionaires, supported by California Professional Firefighters and Gavin Newsom.
## Proposition 42's purpose
Proposition 42 aims to protect retirement savings from future taxes on wealth.
## Proposition 40's reaction
Proposition 40 supporters plan to continue pushing for billionaire tax despite election loss.

> Vamos a denunciar a estos magnates económicos. Les vamos a cobrar los impuestos que merecen, e invertiremos en un sistema de salud universal y en guarderías gratuitas
## Key takeaway

California voters approved Proposition 42, blocking new taxes on wealth, as Proposition 40 for billionaire tax failed.