# 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.
- Title: California Prop 40 Polls Show Declining Support · Sfchronicle
- Summary: 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…
- Keywords: prop 40, billionaire tax, california voters, polls, wealth tax, prop 41, prop 42, building a better california, gavin newsom, xavier becerra, katie porter, bernie sanders
- Source: Sfchronicle — https://sfchronicle.com/politics/article/billionaire-tax-polls-22503108.php
- Read time: 1 min
- Topics: prop 40, billionaire tax, california voters, polls, wealth tax, prop 41, prop 42, building a better california, gavin newsom, xavier becerra, katie porter, bernie sanders
## 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.
## Key takeaway

California voters now support Prop 40's billionaire tax by 46% versus 52% opposition, down from earlier leads.