California voters reject Prop. 40 billionaire tax after opponents, led by Google's Sergey Brin, outspend backers at least 5 to 1
California voters rejected Proposition 40, a one-time 5% tax on billionaires, according to an Associated Press race call on Nov. 9, with 52.7% voting no and 47.2% yes at 83% of votes counted. At least five times as much was spent opposing the measure as backing it, NPR reported, with Google co-founder Sergey Brin leadi