Published 1 day ago • loading... • Updated 6 hours agoShow Less IconTop Democrats and Allies to Fight a California Billionaire Tax Supporters say the tax would raise money to replace an estimated $100 billion in federal health-care cuts and fund schools and food aid.Summary by Spectrum Local NewsIt would impose a one-time, 5% tax on the wealth of Californians whose net worth exceeds $1 billion.Share menu4 Articles4 ArticlesAllLeft2Center1Right1Search IconSort Iconla NacionLean RightFactualityOwnershipTranslate IconNewsom Refuses, but California Insists and Votes a 5% Tax on Billionaires in NovemberCalifornia will vote a 5% tax on billionaires in November despite Newsom’s refusal. They’re looking to raise about $100 billion.6 hours ago·Vicente López, ArgentinaRead Full ArticleSpectrum Local NewsCenterFactualityOwnershipTop Democrats and allies to fight a California billionaire taxIt would impose a one-time, 5% tax on the wealth of Californians whose net worth exceeds $1 billion.8 hours ago·United StatesRead Full ArticleThe New YorkerLeftFactualityOwnershipThe Reporter Nicholas Lemann on California’s Battle to Pass a Billionaire TaxA measure to tax the ultra-wealthy in California is a bellwether progressive issue. Why are so many Democrats skeptical?8 hours ago·New York, United StatesRead Full ArticleMission LocalLean LeftFactualityOwnershipTranslate Icon"We Need a Short Song": To Pass the California Wealth Tax, Will Voters Know to Vote "Yes-No-No"?Supporters worry that passing the wealth tax isn't as simple as just voting "yes" to Proposition 40. Ballots are currently being mailed out. "We need a short song": Will voters know they need to vote "yes-no-no" to pass the California wealth tax?1 day agoRead Full ArticleThink freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribeCoverage DetailsTotal News Sources4Leaning Left2Leaning Right1Center1Last Updated5 hours agoBias Distribution50% LeftBias Distribution Too Big Arrow IconToo Big Arrow IconCaret Up Icon50% of the sources lean Left50% LeftL 50%C 25%R 25%Factuality Info IconTo view factuality data please Upgrade to PremiumOwnership Info IconTo view ownership data please Upgrade to VantageMission Local broke the news 1 day ago on Thursday, October 8, 2026.Too Big Arrow IconCaret Down IconSources are mostly out of (0)Similar News TopicsTaxes Plus IconCalifornia, United States Plus IconShow AllSimilar News TopicsTaxes Plus IconCalifornia, United States Plus IconShow All