California Voters to Decide 14 Ballot Measures on November 3
California voters will decide on 14 ballot measures on November 3, including multi-billion dollar bonds and a proposed wealth tax on billionaires.
The Government of California will present 14 ballot measures to voters during the November 3 election, spanning fiscal, social, and administrative reforms. High-stakes financial proposals include Proposition 1, an 11.25-billion-dollar housing bond, and Proposition 38, an 8.4-billion-dollar bond dedicated to immunology research.
Fiscal measures also include Proposition 40, which proposes a one-time 5 percent wealth tax on billionaires. Other proposals address tax rates for high-income residents, the state rainy-day fund, and the toughness of tax audits. Administrative changes under consideration include the expedition of the California Environmental Quality Act and modifications to recall election procedures.
Polling data from CalMatters and the Public Policy Institute of California show mixed projections. While several measures currently lean toward approval, proposals regarding voter ID requirements and public campaign financing face majority opposition.
