Ballot Measures

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A bronze lantern hangs on chains beneath the coffered stone ceiling of a portico, above a row of tall windows and a carved stone balustrade.
Money

Washington's Millionaires' Tax Would Raise $11.4 Billion by 2031 From About 30,000 Payers. Voters Decide Tuesday Whether It Ever Starts.

Washington's Initiative 645 would repeal the state's new 9.9 per cent tax on income above $1 million before it takes effect in 2028. The state's fiscal impact statement puts the lost revenue at $11.4 billion over five fiscal years. Colorado, California and North Carolina are also voting on how their top earners are taxed; no results are in.

A one-story house faced in rough coral stone with a red clay tile roof and barred windows, behind a lawn with a curved concrete path, two young palms and green and blue bins, under a clear blue sky.
The Numbers

Florida Votes on Cutting Local Property Taxes by $11.8 Billion a Year. Five Counties Account for 45 Per Cent of It.

Florida's Amendment 3 would cut non-school property taxes on homesteads by an estimated $11.8 billion a year once fully in effect, according to the state's Revenue Estimating Conference. It needs 60 per cent of the vote on Tuesday. Voters in Oklahoma, Wyoming and North Carolina are deciding their own property tax measures; none of the four results is known yet.

A red, white and navy San Joaquin County official ballot drop box chained outside a building, with bilingual English and Spanish signage and a QR code.
Money

Opponents Have Spent $304 Million to Defeat California's One-Time Billionaire Tax. That Is About 0.3 Per Cent of What Its Backers Say It Would Raise.

A political committee funded mainly by technology billionaires has spent more than $304 million against Proposition 40, California's proposed one-time 5 per cent tax on residents worth over $1 billion, according to a Capital & Main analysis of state records through 20 October. The union sponsoring the measure has put in nearly $32 million. Californians vote on 3 November.