Billionaires vs. Unions: California’s 2026 Tax War Is On
The initiative targets about 200 billionaires to raise $100 billion over five years, allocating 90% to healthcare and 10% to education and food assistance.
6 Articles
6 Articles
Billionaires to feel the heat? Unions, Sanders, Khanna push 5% surtax
SACRAMENTO—California’s multitude of billionaires, many of them clustered in and around Silicon Valley, may feel heat from outraged voters this fall. That’s because three major unions in California—the Teamsters, the Service Employees, and the United Health Care Workers West, an AFSCME affiliate—are all now pushing to put a 5% billionaires tax on the November ballot. And on March 2, Sen. Bernie Sanders, Ind.-Vt., and Rep. Ro Khanna, D-Calif., i…
Can billionaire tax cure California’s health-care woes? * WorldNetDaily * by Ana Kasparian, Real Clear Wire
Source link California’s $200 billion-a-year Medicaid program, known as Medi-Cal, is one of the largest public healthcare systems in the nation. Behind the staggering price tag lies a program repeatedly flagged for waste, mismanagement, and fraud, raising fresh doubts as state leaders propose taxing billionaires to keep it afloat. For years, audits and federal investigations
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