POLITICSCALMATTERS
California union’s billionaire tax qualifies for ballot amid fierce opposition
A California union's initiative to tax billionaires to fund healthcare and other programs qualified for the ballot, facing opposition from Governor Gavin Newsom and Silicon Valley allies. The proposed tax would generate $100 billion, with 90% allocated to healthcare and 10% to education and food assistance.
Mentioned
Related Signal
Adjacent reporting
- Gov. Gavin Newsom vowed to stop California's billionaire tax. He has just over a week left to keep it off the ballot.
- California billionaire tax proposal garners enough signatures to head to ballot
- California 'billionaire tax' poised to qualify for ballot
- California billionaire tax secures enough signatures to make ballot
- California billionaire tax proposal garners enough signatures to head to ballot
- As ballot deadline nears, will California’s billionaire tax actually go to voters?