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I’m a wealthy Californian. The billionaire tax is a win for everyone | George Zimmer

Published November 2, 2026 7:00 am • Updated November 2, 2026 7:00 am •
I’m a wealthy Californian. The billionaire tax is a win for everyone | George Zimmer
Photo via The Guardian US

The measure would ease inequality and bolster healthcare – without draining our coffers or triggering a billionaire exodusOn Tuesday, California voters will decide whether to enact Proposition 40, a one-time, 5% tax on the net worth of about 250 California billionaires.In recent months, a number of California billionaires and their apologists in the media and in government have come out swinging against the ballot measure.…

The measure would ease inequality and bolster healthcare – without draining our coffers or triggering a billionaire exodusOn Tuesday, California voters will decide whether to enact Proposition 40, a one-time, 5% tax on the net worth of about 250 California billionaires.In recent months, a number of California billionaires and their apologists in the media and in government have come out swinging against the ballot measure.…

Source: The Guardian US — Original report ↗

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Original source: The Guardian US ↗