Money Talks When Money WalksThis 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...The Daily Signal1d agoWhole story →EconomyGovernmentcalifornia proposition 40 vote
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…Raw Story4d agoWhole story →EconomyHealthcalifornia proposition 40 vote