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Pastimes : California - The Golden State?
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To: Broken_Clock who wrote (128)10/30/2025 9:27:17 PM
From: miraje1 Recommendation

Recommended By
Broken_Clock

   of 135
 
I'm sure that the rate of Calexit will accelerate. Full article at the link..

foxbusiness.com


California billionaires face proposed one-time wealth tax

California’s wealthiest residents could face a one-time 5% tax on their net worth under a new proposal aimed at replacing billions of dollars in federal funding cuts to healthcare.

The measure – called the "2026 Billionaire Tax Act" – seeks to counter $30 billion in potential federal funding cuts to California's Medicaid program, with a portion of the revenue earmarked for public education, according to supporters, which include the Service Employees International Union (SEIU)..




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