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Newsom backs California ballot measure that cancels out billionaire tax proposal
California Gov. Gavin Newsom (D) endorsed a ballot measure that, if approved by voters, would cancel out the ballot measure proposal that would impose a one-time tax on the Golden State's billionaires.
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California Governor Gavin Newsom endorsed Proposition 42, a ballot measure that would nullify a separate proposal seeking a one‑time tax on the state’s billionaires if voters approve it.
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