California voters face a fateful choice this November. A ballot initiative, styled as a constitutional amendment, would impose a “one-time” 5% tax on the worldwide wealth of billionaires residing in the state as of Jan. 1, 2026. The proceeds are intended to subsidize health insurance and food stamps for the poor. Backed by a healthcare […]
California voters face a fateful choice this November. A ballot initiative, styled as a constitutional amendment, would impose a “one-time” 5% tax on the worldwide wealth of billionaires residing in the state as of Jan. 1, 2026. The proceeds are intended to subsidize health insurance and food stamps for the poor. Backed by a healthcare […]
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