Prop. 3 Puts California Tax Policy in Focus
The ballot includes competing proposals backed by billionaires and healthcare advocates with differing visions for funding state services.
7 Articles
7 Articles
A Progressive’s Guide to the Ballot by Eric Kirk: Yes, No, and Why
From housing bonds and taxes on billionaires to voter ID requirements and healthcare funding, a longtime progressive offers his take on California’s ballot propositions—and explains why even some measures with progressive goals don't get his support. Source
California’s billionaire tax promises healthcare relief. The fine print is murkier
The pitch behind California’s billionaire tax proposal is simple: Tax the richest residents in the nation’s wealthiest state to offset steep federal cuts to healthcare, food assistance, and education.
If you are a progressive, vote yes on Prop 3 and Prop 40, and no on the billionaire-backed decoys
California voters face a complicated set of tax initiatives, with major implications for healthcare, public services and the state’s ability to raise revenue. Progressive economist Richard McGahey urges voters to support Proposition 3, which extends existing income tax rates on high earners, and Proposition 40, a one-time 5% tax on billionaire wealth to help offset devastating federal cuts. But two billionaire-backed measures, Props 41 and 42, t…
California’s Billionaire Tax Promises Healthcare Relief. The Fine Print Is Murkier. - Health Care Today
The pitch behind California’s billionaire tax proposal is simple: Tax the richest residents in the nation’s wealthiest state to offset steep federal cuts to healthcare, food assistance, and education. But if approved by voters in November, it’s unclear how much money the ballot initiative would raise, how quickly the funding would become available, and how [...]
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