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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.

A proposed 5% wealth tax on California billionaires has unleashed a wave of anti-tax groups fueled by tech elites.

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  • 50% of the sources lean Left
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WND broke the news in Medford, United States on Sunday, March 8, 2026.
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