California voters face 3 "confusing" propositions tied to proposed billionaire tax

Propositions 40, 41 and 42 are all on the ballot for voters to consider this November. Each could have a significant impact on how California taxes billionaires and funds health care but their overlapping language and competing goals have left some voters struggling to understand what each one would do.Mark Polyakov, a San Francisco voter, said he found it difficult to fully understand the potential effects of the competing measures. He said he ultimately relied on his personal beliefs about who should pay taxes."40, 41 and 42 seem especially confusing, like, they're almost kind of abusing the system a little bit," said Polyakov. "You're never going to be able to fully analyze exactly what the effect of some of these propositions is going to be. It's kind of important to think about, on your principles, who should be taxed, who shouldn't be taxed." Proposition 40 would impose a one-time tax of up to 5% on the covered assets of certain California billionaires. Supporters estimate it c