Sanders kicks off California billionaire wealth tax push to fund healthcare
TL;DR Summary
Sen. Bernie Sanders formally launched California's 'Billionaire Tax Now' campaign to place a one-time 5% wealth tax on billionaires and trusts on the November ballot to backfill federal healthcare cuts, linking the move to wealth inequality. The LA rally featured Tom Morello and labor voices, but the plan faces opposition from Gov. Newsom and business groups who warn it could drive away investment and wealthy residents; Sanders also aims to push a national version and engage tech leaders in California.
- Bernie Sanders kicks off billionaires tax campaign with choice words for the ‘oligarchs’ Los Angeles Times
- Billionaires’ Low Taxes Are Becoming a Problem for the Economy The Wall Street Journal
- Bernie Sanders and Gavin Newsom become adversaries over push to tax California billionaires KCRA
- Bernie Sanders rails against billionaire ‘greed’ amid California tax battle The Guardian
- Bernie Sanders rallies support for wealth tax in California: ‘Enough is enough’ Politico
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