What’s with all the taxes on the California ballot?

Five of the 14 statewide ballot measures are related to taxes The one you’ve likely heard most about is Proposition 40, which, if passed, would make California the first state to introduce a wealth tax. Almost all of the tens of billions of dollars the tax is estimated to generate would be set aside for the state’s public health insurance programs Prop. 3 would make permanent a higher income tax rate for the state’s top earners that voters approved on a temporary basis twice in the past decade-plus. The tax — which expires in 2030 unless Prop. 3 passes —...