Thursday - November 5, 2026
Americans for Tax Reform: California Voters Approve Proposition 42
November 05, 2026
WASHINGTON, Nov. 5 -- Americans for Tax Reform issued the following news:

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California Voters Approve Proposition 42

11/04/2026

This Tuesday, California taxpayers approved Proposition 42. The proposition nullifies any retroactive tax imposed on personal property, including retirement and savings.

Before the passage of this law, there was nothing in California's constitution protecting the unrealized gains of families and . . .

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