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California Wealth Tax Battle Continues

John Sexton· ·4 min read · 0 reactions · 0 comments · 6 views
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California Wealth Tax Battle Continues
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California Wealth Tax Battle Continues John Sexton 6:00 PM | July 24, 2026 AP Photo/Lee Jin-man, File I haven't written about this in a few weeks but the battle for and against the California Wealth Tax is still going on. The tax did make it onto the ballot so it will be up to California voters to decide this November. But both sides are still pushing hard to convince voters to back them.

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California Wealth Tax Battle Continues John Sexton 6:00 PM | July 24, 2026 AP Photo/Lee Jin-man, File I haven't written about this in a few weeks but the battle for and against the California Wealth Tax is still going on. The tax did make it onto the ballot so it will be up to California voters to decide this November. But both sides are still pushing hard to convince voters to back them. Advertisement googletag.cmd.push(function () { googletag.display("div-gpt-300x250_4"); //googletag.pubads().refresh([gptAdSlot["div-gpt-300x250_4"]]) }); A coalition of billionaires who could have to pay a proposed wealth tax in California has made its most significant move so far to undermine such a tax: It has reserved nearly $87 million of advertising time across the state to air TV commercials.The…

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