California billionaire tax proposal garners enough signatures to head to ballot

Proponents of a proposal to levy a one-time tax on California billionaires say they’ve gathered enough signatures to place the measure on the ballot in November. The campaign says it has collected more than 1.5m signatures, according to a statement. The proposal has ignited a political uproar in Silicon Valley , with tech titans having threatened to leave the state and the governor, Gavin Newsom, opposing the proposal. …