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Union Behind California Billionaire Tax Offers to Reduce the Rate

The health care workers’ union that made it to the ballot with its plan to impose a 5 percent tax on billionaires’ wealth told Gov. Gavin Newsom it would accept a 2 percent levy instead.

Jun 18, 2026 Taxation Midterm Elections (2026) Budgets and Budgeting
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Union Behind California Billionaire Tax Offers to Reduce the Rate Taxation Jun 18, 2026 Union Behind California Billionaire Tax Offers to Reduce the Rate The health care workers’ union that made it to the ballot with its plan to impose a 5 percent tax on billionaires’ wealth told Gov. Gavin Newsom it would accept a 2 percent levy instead.
Union Behind California Billionaire Tax Offers to Reduce the Rate

The health care workers’ union that made it to the ballot with its plan to impose a 5 percent tax on billionaires’ wealth told Gov. Gavin Newsom it would accept a 2 percent levy instead.

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