Tom Steyer Vows to Close a ‘Trump Tax Loophole’ in a 2027 Special Election, but Won’t Say if He’ll Fund the Fight Himself

Tom Steyer vows to close a ‘Trump tax loophole’ in a 2027 special election, but won’t say if he’ll fund the fight himself

Tom Steyer is telling California labor leaders he will push for a 2027 special election to raise corporate taxes, framing the effort as a move to close what he calls a “Trump tax loophole.” The proposal places tax policy at the center of the state’s gubernatorial race. As reported by Politico, Steyer is targeting California’s Proposition 13, the landmark law that limits property tax increases, particularly for commercial properties. He wants com…

Tom Steyer wants a special election to hike corporate taxes in 2027

Tom Steyer wants a special election to hike corporate taxes in 2027 The California governor candidate would not say whether he’d spend his personal money to finance ballot initiatives such as split-roll as governor. Tom Steyer, right, and Matt Mahan talk to attendees after the California…