Skip to main content
KnowGovUnderstand. Power. Act.
← Data Lab

The Library

New

One story, all the way down.

Money Talks When Money Walks

This November, California voters will decide whether a fraction of the state’s population should pay a 5% wealth tax to help fund public programs. Proposition 40 would make roughly 200 of the richest Californians bail out the state’s deficits and save the budget for another year of easy spending. California is not the only blue...

Sources (1)· Oct 19, 8:05 PM

Read it

Every telling

their own versions

The thread

Taxes →

Before

As Millions Struggle to Get By, Plutocrat Working to Kill California Billionaire Tax Dines With TrumpBillionaire Google co-founder Sergey Brin, who has spent more than $100 million fighting a proposed wealth tax in California, shared a lavish dinner with billionaire US President Donald Trump over the weekend at his Mar-a-Lago estate in Palm Beach, Florida as millions of American families struggle to afford groceries, healthcare, and other necessities.…

More like this

similar stories in the archive
We must tax the wealth of billionaires, not just income. California can lead the way | Ro KhannaWill California stand with the working class or the oligarchs in the vote this November? The Democratic party has a choice to make. Are we going to be New Deal Democrats or corporate Democrats? Are we standing with the working class or the tech oligarchs? Proposition 40, California’s billionaire tax, is the most important ballot initiative in America and…
This GOP lie has Gavin Newsom stabbing his own party in the backIn three weeks, California voters will have their ballots tallied on Proposition 40 (and 41 and 42, which would negate 40) that will impose a one-time 5% tax on the assets — the wealth — of the state’s 200+ billionaires. The money will be used to make up for the massive almost-trillion-dollar cuts to Medicaid, called Medi-Cal in that state, that hits in…