California’s proposed billionaire tax appears headed for the November ballot after backers said they gathered more than 1.5 million signatures, well above the threshold needed to qualify. SF Standard reports: Backers of the initiative announced this weekend that more than 1.5 million people signed a petition to bring the one-time, 5% wealth tax to a statewide vote come November. That’s well beyond the 875,000 names needed to qualify the measure, and likely sufficient to…

![[CITYPNG.COM]White Google Play PlayStore Logo – 1500×1500](https://startupnews.thebackend.in/wp-content/uploads/2025/08/CITYPNG.COMWhite-Google-Play-PlayStore-Logo-1500x1500-1-630x630.png)