It’s official: The proposed California Billionaire Tax Act, which last week was ++certified++ for November’s election, has a ballot designation—Proposition 40.
“The people of California now have the opportunity to decide what kind of future they want,” Service Employees International Union-United ++HealthcareWorkers++ West (SEIU-UHW) vice president Debru Carthan ++said++ on Thursday.
You’re right but there isn’t a tax increase targeting billionaires at the federal level being considered. This is what we have available today.