Billionaire tax – California Globe

Ro Khanna’s New ‘Social Contract’: Wealth Confiscation Masquerading as Moral Philanthropy

July 3, 2026 1:55 pmJuly 3, 2026 2:19 pm

Rep. Ro Khanna (D-CA) used his Substack platform on July 2 to lay out what he described as the “philosophical case for tax fairness and taxing billionaire wealth,” framing the proposal as a voluntary-sounding “new social contract” between society and...

Gavin Newsom’s Flip Flop on Billionaire Tax is the Real Newsom

June 27, 2026 9:06 amJune 29, 2026 7:13 am

California Governor Gavin Newsom’s flip flop on the billionaire tax isn’t really a flip-flop – it’s Gavin admitting who he really is and that he actually supported it in the first place. Gavin Newsom originally claimed that he opposed the...

Why are Limousine Liberals and Champagne Socialists Embracing Commie Politicians?

June 22, 2026 8:00 amJune 23, 2026 11:16 am

Limousine liberals and champagne socialists are embracing socialists and commie politicians in local races. What in the fresh hell is the matter with them? America was built upon entrepreneurs, and some argue that the founding fathers were the original entrepreneurs,...

Courts Could, and Arguably Should, Yank The Billionaire Tax Before Voters Ever Get a Chance To Weigh In

April 28, 2026 6:00 amApril 28, 2026 6:01 am

The SEIU-backed punitive tax measure is claimed to have enough signatures to place the question on November’s ballot. The Secretary of State still needs to verify the signature count, and once that happens, that’s the moment to act. The proposed...

SEIU Announces They Have Enough Signatures for Billionaire-Tax to Qualify for Ballot

April 27, 2026 7:50 amApril 27, 2026 7:55 am

Supporters of the proposed California billionaire tax, sponsored by SEIU, announced Sunday that they had gathered nearly twice as many signatures as necessary to qualify the controversial proposal for the November ballot. Democrats and the SEIU are pushing the “2026...

Progressive Economics Meets Reality: ‘Mansion Tax’ Backers Realize Higher Taxes Stunt Growth

April 20, 2026 4:26 pmApril 22, 2026 1:49 pm

In a plot twist worthy of satire — or a very late Economics 101 class — Democrat-aligned nonprofits, business groups, and even the carpenters’ union have suddenly realized that Los Angeles’ Measure ULA “mansion tax” is hurting housing production and...

‘Taxing Greed to Pay for What We Need:’ LA Hotel Worker Union Hemorrhages Members

April 8, 2026 11:05 amApril 14, 2026 11:01 am

Last week marked the deadline for labor unions to file their 2025 LM-2’s, the report by labor unions that detail how they spent funds in the past year. LM-2’s are filed with the Office of Labor and Management Standards, and...