# Voters in Silicon Valley rejected the billionaire wealth tax while those in Los Angeles and San Francisco—home to the two top AI companies—wanted it

- Source: Fortune | FORTUNE
- Published: 2026-11-06T18:19:53+00:00
- Category: Business
- Original: https://fortune.com/2026/11/06/california-billionaire-wealth-tax-prop-40-silicon-valley-voters-vs-los-angeles-san-francisco/
- Canonical: https://groundlevelnews.com/story/voters-in-silicon-valley-rejected-the-billionaire-wealth-tax-while-tho-49b2e9/

"A 'no' vote doesn't mean similar measures won’t ever be implemented."

_Ground Level News shows a short summary only; the full article and all rights belong to Fortune | FORTUNE._