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CalMatters Commentary: California’s Billionaire Tax Measure Risks Long-Term Growth for a Sugar-High Solution

Summary by Daily Republic
This fall, California voters will decide whether billionaires should pay a one-time tax to help address a Medi-Cal shortfall. Since opponents placed two offsetting measures on the ballot, CalMatters asked

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Sergey Brin once fled socialism – now the Google founder is fighting against a new tax for the wealthiest. In November, the citizens decide on "Proposition 40" – finally succeeding in what Sanders & Co. have failed so far? "Tax the Rich" – in English: "Taxes the rich" – has become the core demand of the American left. The most prominent representative, Senator Bernie Sanders, has been promoting for years. Unfortunately, without success, although…

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freitag.de broke the news on Friday, July 31, 2026.
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