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California voters are set to decide on a tax on billionaires to fund healthcare

By ChordNews · First written (updated )

California considers imposing 'world's first' tax on billionaires
Image: bbc.co.uk
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Summary

Voters in California are about to decide whether the state's mega-rich should hand over billions of dollars to pay for improvements to healthcare. The BBC reports the vote as a possible first, asking whether the measure would be the world's first 'tax on billionaires'.

This continues an earlier story: Ro Khanna urges California to tax billionaires’ wealth

Later: More than 140 state ballot measures go before voters in the midterms, including abortion and tax questions · California voters face a wealth tax vote that an opinion writer says targets the wrong group · California voters will decide on a one-time 5% tax on billionaires, a fight that has split Democrats

Timeline

  1. BBC

    Source ↗

    The BBC reports that California voters are about to decide on a 'tax on billionaires' that would require the state's mega-rich to hand over billions of dollars to pay for healthcare improvements, and asks whether it would be the world's first.

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