California voters will consider a measure in November to raise taxes on billionaires
ABC NewsLiveVideoShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? The goal is to generate $100 billion in revenue, mainly to fund the state’s Medicaid system after federal cuts.“I am all in on this,” union President Dave Regan said on a Zoom call, adding that opponents of the proposal are “totally out of touch.”Democratic Gov. Gavin Newsom and many traditional allies of the union oppose the measure.
- ▪ABC NewsLiveVideoShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest?
- ▪The goal is to generate $100 billion in revenue, mainly to fund the state’s Medicaid system after federal cuts.“I am all in on this,” union President Dave Regan said on a Zoom call, adding that opponents of the proposal are “totally out of
- ▪Gavin Newsom and many traditional allies of the union oppose the measure.
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ABC NewsLiveVideoShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? OffOnStream onCalifornia voters will consider a measure in November to raise taxes on billionairesCalifornians will vote in November on a controversial proposal to impose a one-time tax on billionaires to help fund federal funding cuts to healthcare for low-income peopleBySOPHIE AUSTIN Associated PressJune 25, 2026, 9:09 PM1:02FILE - A large banner is seen at a campaign event for a proposed "billionaires tax" in Los Angeles on Feb. 18, 2026. (AP Photo/Jae C. Hong, File)The Associated PressSACRAMENTO, Calif.
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