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California voters will consider a measure in November to raise taxes on billionaires

ABC News· ·4 min read · 0 reactions · 0 comments · 5 views
 California voters will consider a measure in November to raise taxes on billionaires

Californians will vote in November on a controversial proposal to impose a one-time tax on billionaires to help fund federal funding cuts to healthcare for low-income people

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ABC NewsLiveVideoShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? OffOnStream onCalifornia voters will consider a measure in November to raise taxes on billionairesCalifornians will vote in November on a controversial proposal to impose a one-time tax on billionaires to help fund federal funding cuts to healthcare for low-income peopleBySOPHIE AUSTIN Associated PressJune 25, 2026, 9:09 PM1:02FILE - A large banner is seen at a campaign event for a proposed "billionaires tax" in Los Angeles on Feb. 18, 2026. (AP Photo/Jae C. Hong, File)The Associated PressSACRAMENTO, Calif.

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