Society ❯ Social Issues ❯ Income Inequality

Wealth Disparity

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California Ballot Will Decide One‑Time 5% Tax on Billionaires

Backers say the revenue would fund Medi‑Cal and other services to offset federal cuts.

CNN Panel Clashes Over NYC Luxury-Home Tax as Commentator Backs Musk’s Billions

Teamsters Back California One-Time Billionaires Tax as Ballot Push Intensifies

Newsom Escalates Fight Against California’s Proposed Billionaire Wealth Tax

California Coalition Moves to Put One-Time 5% Billionaires Tax on 2026 Ballot