April 30, 2026
California Globe
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Tag: David Friedberg

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...
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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...
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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...
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Governor Gavin Newsom’s Record on Raising Taxes on the Rich Speaks for Itself

January 24, 2026   9:37 amJanuary 28, 2026   7:04 am
Well, Brandon Richards (He/Him), Governor Gavin Newsom’s Deputy Director of Rapid Response, climbs out from under his rock claiming that Gavin Newsom has opposed taxes on the rich for years. As the Globe reported Friday, California billionaires are leaving the...
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The Left’s & SEIU’s Justification of California’s Billionaire Tax is Tiresome

January 23, 2026   10:33 amJanuary 23, 2026   12:16 pm
California billionaires are leaving the state in record numbers, and taking their billions with them. According to one billionaire, more than $1 Trillion has already left. California Governor Gavin Newsom, Democrats and the SEIU are pushing a retroactive billionaire tax...
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Bye Bye Billionaires: Gavin Newsom’s California Exodus

January 12, 2026   12:12 pmJanuary 13, 2026   1:44 pm
California billionaires are leaving the state in record numbers, and taking their billions with them. According to one billionaire, more than $1 Trillion has already left. Governor Gavin Newsom is pushing a retroactive billionaire tax targeting the roughly 220 billionaires...
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California’s 5% Wealth Tax Proposal Has Billionaires Thinking of Leaving and Fast

December 29, 2025   5:30 amDecember 30, 2025   11:32 am
California Governor Gavin Newsom is pushing a retroactive billionaire tax targeting the roughly 220 billionaires residing in California in 2025, the Globe reported recently. Clearly Gov. Newsom is ignoring that these individuals are the most financially mobile and can live...
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