{"id":"tp-42042","type":"article-newspaper","title":"Palmer Luckey Says He Will Stay in California and Oppose Proposition 40","author":"Riza Dagoc","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/regulation/42042","datePublished":"2026-10-27T21:29:20.000Z","dateModified":"2026-10-27T21:29:20.000Z","language":"en","abstract":"He criticized a provision tied to company voting rights. Proposition 40 would impose a one-time 5% tax on applicable individuals and trusts with net worth of at least $1 billion.","section":"Regulation","references":[{"title":"revenue estimates and potential taxpayer departures","url":"https://www.tokenpost.com/news/regulation/37769"}]}