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Billionaire tax is dividing California healthcare system it's designed to support
California's proposal to tax billionaires more, known as Proposition 40, is dividing the healthcare system, which it is supposed to help.
Prop 40 would create a first-in-the-world tax on billionaires
California voters will decide this November on Proposition 40, a proposal to impose a one-time, 5% tax on billionaires living in the state.
California entrepreneur warns billionaire wealth tax could trigger 'giant sucking sound' of business exits
Eric Schiffer warns California's Proposition 40 wealth tax could trigger a mass exodus of billionaire entrepreneurs, draining jobs and tax revenue.
California entrepreneur warns billionaire wealth tax could drive business leaders out of state
Entrepreneur Eric Schiffer discusses the potential economic consequences of California’s Proposition 40, including concerns that the proposed one-time 5% wealth tax could push wealthy residents and entrepreneurs to leave the state.
Prop 40 is dividing CA labor unions and experts argue the fight goes well beyond a billionaire tax
SEIU-United Healthcare Workers West is spearheading Proposition 40, arguing the tax is necessary to offset major federal health care cuts. But the opposition includes groups that have often found themselves politically aligned with organized labor, including the California Teachers Association, California Professional Firefighters and the State Building and Construction Trades Council of California.
Opinion: Taxing billionaires will help Californians keep their health coverage
California voters have the chance to vote ‘yes’ on Proposition 40, which will make billionaires pay to keep hospitals open and healthcare affordable.