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Results for “impeachment vote”

California’s proposed ‘billionaire tax’ fails to pass

California voters rejected Proposition 40, the one-time 5% tax on billionaires, the AP reported Monday. Tech leaders outspent backers roughly 10 to 1 to defeat it, and the founders and economists TechCrunch interviewed before the vote were split on whether it would have driven out wealthy residents or just trimmed their fortunes.

TechCrunch · 11h ago
Billionaire tax: how a union leader’s ‘crazy’ idea became the defining issue of California’s midterms

It was an ambitious notion – now Californians will vote on a one-time 5% billionaire tax, and state’s super rich have pulled out all the stops in opposition One year ago, the idea of a billionaire tax in California was still in its infancy. It wasn’t yet one of the most contentious ballot measure fights in state history – pitting Democrats against Democrats, drawing national attention from political heavyweights, and netting hundreds of millions of Silicon Valley dollars to fight it. Back then, it was a bold and desperate answer to Donald Trump’s healthcare cuts. Continue reading...

The Guardian · Oct 30
‘My social life completely plummeted’: gen Z is fighting back against big tech

From apps that block distractions to stripped-down phones, young people are finding ways to unplug from platforms they say profit from their attention Gen Z voters: tell us what is guiding your vote in the US midterm elections? Nelissa Moukoudi, 19, a university student in Canada, noticed a shift once she joined Instagram and TikTok. “My social life completely plummeted and it felt like my life was only [using] social media and school,” she said. Continue reading...

The Guardian · Oct 27