Imagine running for office on a promise to raise taxes, in an election when the top issue for voters is “affordability.” Democrat Xavier Becerra appears to be doing just that. In addition to supporting California’s absurdly high gas tax of…
A billionaire-backed group fighting Proposition 40 spent more than $50 million over the past week on efforts to thwart the tax — a surge that suggests the tax’s critics aren’t taking favorable polling as a sure sign of Election Day success. Put more…
Californians are already voting on whether to implement a one-time 5% tax on billionaires that could generate as much as $100 billion toward healthcare and other social services over the next five years. And local billionaires are weighing in — with their wallets.
No matter what happens in Tuesday's elections, support for wealth taxes keeps growing. Its justification is based on the idea that the very rich owe all of us something, and taxing their fortunes is... Billionaires Compensate Us Many Times Posted…
California’s proposed billionaires tax is losing support days before Election Day, according to the second major independent poll released this week. Thursday’s poll by the Institute of Governmental Studies at UC Berkeley found 42% of likely voters in favor of Proposition…
California voters will decide on 14 propositions set to appear on the November ballot, covering issues ranging from voter ID and taxing billionaires to funding affordable housing and healthcare. Public campaign financing systems already exist in some charter cities, including Los…
No matter what happens in Tuesday’s elections, support for wealth taxes keeps growing. Its justification is based on the idea that the very rich owe all of us something, and taxing their fortunes is collecting on that debt. We’re told…
California voters are being asked to weigh in on Prop. 40, a ballot measure tied to a long-running push by a group of academics for a tax on extreme wealth. The proposal marks the nearest this band of scholars has come…
Some of the country’s richest people are not lining up behind a wealth tax. Instead, they are steering the debate toward different remedies, especially efforts to trim wasteful government spending or to improve conditions for people at the lower end…
No matter what happens in Tuesday's elections, support for wealth taxes keeps growing. Its justification is based on the idea that the very rich owe all of us something, and taxing their fortunes is collecting on that debt. We're told…
Progressive taxation, wealth taxes, safety‑net programs, and anti‑poverty policy.
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