Dedicated Issues··Wednesday, November 4, 2026, 2:45 PM

‘TOO SOON TO TELL’: California’s billionaire tax hangs in the balance

FOX Business correspondent Kelly Saberi reports on the vote percentages for California’s Propositions 40 and 42, highlighting key opponents of the tax on ‘Varney & Co.’ 00:00 California’s Billionaire Tax (Prop 40) on Track to Fail 00:30 The $400 Million Fight Over Wealth Taxes 00:50 High-Profile Opponents: Newsom and Sergey Brin 01:08 Prop 42 and

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