California Democrats Endorse Billionaire Tax Amid Deepening Party Divisions Over Prop. 40

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economy

3 August 2026 at 7:39 am

California Democrats Endorse Billionaire Tax Amid Deepening Party Divisions Over Prop. 40

HyperFast News

Summary

California Democrats have endorsed Prop. 40, a 5% billionaire tax for healthcare, despite significant opposition from Governor Newsom and labor leaders, deepening party divisions.

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California Democrats Endorse Billionaire Tax Amid Deepening Party Divisions Over Prop. 40 | HyperFast News