INTRO: California voters will decide whether to support Proposition 40, a ballot measure that would create a one-time wealth tax in the Golden State. Fox’s Kelly Saberi has details from Malibu.
ACK: Fox’s Kelly Saberi in Malibu
TAG: Governor Gavin Newsom, who opposes Prop 40, says its passage would lead to an exodus of California’s wealthiest residents.
KEYWORD: Politics, Economy
