Bernie Sanders Backs Billionaire Tax Following Federal Pushback
Bernie Sanders joined forces with union leaders and activists in Los Angeles to promote the "California Billionaire Tax Act", a proposed ballot measure targeting the state's wealthiest residents.The initiative, backed by SEIU-UHW and figures like Tom Morello, seeks a one-time 5% levy on assets over $1B to generate $100B for healthcare despite federal opposition from Kevin Kiley.As Governor
Gavin Newsom and tech leaders like
Sergey Brin voice concerns over capital flight, supporters continue gathering signatures for the November vote to address economic inequality.