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California Voters Will Consider a Measure in November to Raise Taxes on Billionaires

Summary by The Columbian
SACRAMENTO, Calif. — California voters will consider a controversial proposal in November to temporarily raise taxes on billionaires after the labor union backing the measure announced Thursday it would forge ahead despite pressure from critics to withdraw it. Read more...

2 Articles

Lean Left

The California fiscal laboratory of America. After months of political battle, appeals, collections of signatures and a multimillionaire campaign financed by the billionaires of Silicon Valley to stop it, it is now official: on November 3, voters if to introduce a one-off tax on billionaires. In conjunction with the Midterm elections they will be called to vote a referendum that could change the debate on the taxation of wealth in the United Sta…

·Rome, Italy
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The Columbian broke the news in Vancouver, United States on Saturday, June 27, 2026.
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