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Newsom and Lurie Will Both Make TV Ads Against California Billionaire Tax, as Rich Guys Launch Opposition
Unions push a 5% one-time tax on billionaires with assets over $1 billion to offset federal Medi-Cal cuts, while opponents warn of economic harm and relocation risks.
Summary by SFist
2 Articles
2 Articles
Newsom and Lurie Will Both Make TV Ads Against California Billionaire Tax, as Rich Guys Launch Opposition
The billionaires who don’t want to pay the California billionaire tax are lining up big bucks to defeat the ballot measure, and putting Gavin Newsom and Daniel Lurie into ads saying please don’t tax the poor billionaires.The already controversial proposed California billionaire tax has not even qualified for the November ballot yet, but the billionaire class is already organizing against the measure with increasing fury. Supporters of the billio…
Coverage Details
Total News Sources2
Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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