Will California’s billionaire tax proposal make it to ballots?

Published June 23, 2026 · Category: Markets

Overview

Despite more than double the needed number of signatures to qualify for ballot, there’s uncertainty it’ll make it to voters

Hi and welcome to TechScape. Nick Robins-Early and Dara Kerr here, filling in for your usual host Blake Montgomery who is out on vacation. We’ll be talking about the fight over a proposed billionaire tax in California, the UK’s social media ban and SpaceX making a big buy in the AI arms race.

California ‘billionaire tax’ makes ballot despite opposition from tech moguls

Details

Tech billionaires are spending unprecedented sums in California races. Experts say it’s the tip of the iceberg

‘It makes no sense’: 16- and 17-year-olds on UK social media ban

UK ministers lobby Trump to avert backlash against social media ban

Source

Originally published at www.theguardian.com.

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