Exclusive | California voters major shift on billionaire tax revealed in new poll

California voters are souring on a proposed billionaire tax, with more than half opposing the measure, while a contentious voter ID proposal has sparked a razor-thin divide in the deep-blue state, a new California Post poll reveals.Proposition 40, a proposed one-time 5% wealth tax on billionaires that would primarily fund health care, faces opposition from 52.6% of voters, compared with 34.5% in support, with 11.5% undecided, according to a new California Post poll conducted by McLaughlin & Associates.“Voters just don’t trust Sacramento politicians when it comes to taxes.Whenever pollsters ask should we raise taxes on billionaires? People say why not but naturally when we ask should they raise taxes on you? People say no- especially when affordability is the top issue,” said pollster John McLaughlin.

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By clicking above you agree to the Terms of Use and Privacy Policy.Never miss a story “However, message that Prop 40 was poorly written that there’s a loophole which could raise taxes on many more people than just billionaires is resonating.

The fact that this won’t be a just one time tax, but a recurring tax cut n many more people is resonating,” McLaughlin added.A Citrin Center-Politico poll released last week found California voters narrowly favored Proposition 40, with 46% supporting it and 43% opposed.Google co-founder Sergey Brin, the world’s fourth-richest man, has spent more than $100 million to fight the Billionaire Tax and avoid shelling out an estimated $13.3 billion.Brin’s net worth is estimated to be around $267 billion.He recently donated another $20 million to Build a Better California, which is an organization that advocated against California’s proposed billionaire tax, according to a recent filing.Another contentious ballot measure, Proposition 39, which would require govern...