2026 Billionaire Tax Act – California Globe

Mamdani Proposes ‘White Homes’ Estate Tax; California Pushes Billionaire Tax

March 24, 2026 8:12 amMarch 24, 2026 12:22 pm

New York Mayor Zohran Mamdani is attempting to increase the estate tax “by lowering the exemption to $750,000 from its current value of $7.1 million” and massively raising the “top rate from 16% to 50%,” proclaiming his own apartheid. $750,000...

Tax Now, Bust Later: San Diego Supes Propose Real Estate Transfer Tax Increase from 0.11% to a Staggering 6.11%

January 29, 2026 11:25 amJanuary 29, 2026 11:30 am

Brace yourself. Sacramento and the San Diego County Board of Supervisors have their hands in your pockets again. As California’s budget pressures mount, Democratic supermajorities in the state legislature and on the San Diego County Board of Supervisors are rolling...

California’s Bloated Healthcare Sector and the Push for a Billionaire Wealth Tax

January 19, 2026 3:56 pmJanuary 19, 2026 3:56 pm

California’s healthcare system stands out as one of the most expensive and labor-intensive in the world. This bloat is evident in employment trends, skyrocketing hospital costs, and recent legislation like SB 525, all of which set the stage for SEIU-UHW...