California Governor Race Results: Becerra vs Hilton and the Billionaire Tax Vote on Proposition 40

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Gavin Newsom cannot run again, and California also votes on a one-time 5 percent tax on billionaires. Where the count stands, how far the counties moved and why Ripple and its co-founder are paying to stop Proposition 40.Add as a preferred source on GoogleFollow on Google NewsAt 04:51 CET, the California governor's race had no votes reported, according to NBC News, based on AP data. Polls in California close at 05:00 CET. Gavin Newsom cannot run for a third term, and Republicans have not won the governorship since 2006. On the same ballot is Proposition 40, a one-time 5 percent tax on California residents worth more than $1 billion, which has drawn more than $140 million in opposition donations according to filings through 22 October, with Ripple and its co-founder Chris Larsen among the donors. Votes on Proposition 40 were not in yet at 04:51 CET. Polymarket put passage at 17.0 percent at 04:51 CET. California election results: the key facts Governor (04:51 CET): no votes repor...