California NAACP, Equality California, San Francisco Democrats Oppose Proposition 40’s Billionaire Tax

California NAACP, Equality California, San Francisco Democrats oppose Proposition 40’s billionaire tax

SACRAMENTO, Calif. — Two prominent California civil rights groups and the San Francisco Democratic Party have come out against Proposition 40, a proposed one-time, 5% tax on billionaires meant to fund healthcare services.

San Francisco Democrats break ranks and vote against state billionaire tax

On August 26, San Francisco Democrats voted against supporting Proposition 40, a ballot measure that would impose a 5% tax on roughly 200 California billionaires.

S.F. Dems overwhelmingly vote to oppose billionaire tax, defying state party

Meanwhile: San Francisco Dems back public bank and Sunset Dunes, but go against affordable housing measure. S.F. Dems overwhelmingly vote to oppose billionaire tax, defying state party

SF Democrats reject billionaire tax, bucking statewide party

In a contentious late-night vote Wednesday, the San Francisco Democratic Party voted to reject Proposition 40.

California NAACP, Equality California, SF Dems Oppose Prop. 40’s Billionaire Tax

Two prominent California civil rights groups and the San Francisco Democratic Party have come out against Proposition 40, a proposed one-time, 5% tax on billionaires meant to fund healthcare services.