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What June 25 deadline means for California's Billionaires Tax that led to Larry Page, Sergey Brin, David Sacks 'fleeing' the state - The Times of India

The June 25 deadline is here, and it could decide whether California's billionaires face a one-time 5% wealth tax this November—or whether Governor Gavin Newsom manages to bargain it off the ballot first. The SEIU-United Healthcare Workers West gathered roughly 1.6 million signatures, nearly double what was needed, to put the California Billionaire Tax Act before voters.