FROM THE
Unleash Prosperity Hotline

California Voters: “Read My Lips, No New Taxes”

The votes are mostly in and counted in California’s primary elections on Tuesday and the message from voters: stop raising taxes.

Even in San Francisco, which gave Donald Trump only 15% of the vote in 2024, voters rejected Proposition D, dubbed “The CEO Tax,” which would have raised business taxes on firms with the highest-paid top executives by $300 million a year. The city’s voters also approved a lifetime ban on city officials serving more than eight years in office, a demonstration of the universal appeal of term limits no matter the makeup of the community involved.

In nearby Contra Costa County, which gave Donald Trump only 29% of the vote, six of 10 voters rejected an effort to raise the local sales tax by half a cent. A similar effort in Los Angeles County is trailing 53% to 47%.

San Diego voters were asked to approve a local version of New York Mayor Zohran Mamdani’s levies on second homes that would have hiked taxes by up to $10,000 a year.    It’s currently losing by 58% to 42%.

Of course the big proposition to come on the ballot later this year is the proposed 5% wealth tax on Golden State billionaires. But if Tuesday’s election results tell us anything, it’s that voters in the biggest and maybe most liberal state aren’t in a taxing state of mind.

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