Politics
California Democrats Split on Billionaire Tax
The California Democratic Party endorsed a ballot measure taxing billionaires, despite internal opposition from the state's governor and other Democrats. The move highlights divisions within the party over wealth redistribution policies.
Coverage timeline — 1 article
The Hill
The California Democratic (CADEM) Party on Sunday announced that it backs a ballot measure to charge the state’s 200 billionaires with a one-time, five-percent tax on their net worth, a measure that has faced opposition from California Democrats, including the state's governor. The state party's exe
2026-08-03 03:21 UTC