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Billionaires abound in California. Why not tax their wealth?

Polls show 48% support in August as backers say the tax would raise $100 billion for healthcare, food assistance and education.

Summary by Times of India
No state may be a more natural fit for a tax on billionaires than California. The state leans left politically, needs funds for healthcare and is home to as many as 250 billionaires collectively worth upwards of $2 trillion.

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Billionaires abound in California. Why not tax their wealth?

·London, United Kingdom
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  • 57% of the sources are Center
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WTVB broke the news on Sunday, September 20, 2026.
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