Democrats – Page 22 – California Globe

Tom Steyer Selling San Francisco Home Because of ‘Climate Crisis’

September 26, 2020 9:15 amSeptember 26, 2020 10:56 am

“Billionaire environmental activist and former presidential candidate Tom Steyer is selling a couple of homes in his portfolio. Last month, he parted with a Lake Tahoe home for $2.8 million, and now he is putting his longtime family home in...

After Banning Senate Republicans From State Capitol, CA Senate Pres. Fast Tracking Gutted Bills, Limiting Debate

August 31, 2020 10:08 pmAugust 31, 2020 10:53 pm

Senate President Pro Tem Toni Atkins has decided there will be no more committee review for bills, meaning that all bills will go directly to Senate floor, the California Globe has learned from sources at the California State Capitol. Under...

Gavin Newsom’s Ex-Wife Berates California at GOP Convention

August 26, 2020 10:56 amSeptember 1, 2021 8:59 am

She clearly didn’t leave her heart in San Francisco. Kimberly Guilfoyle, who was married to Gavin Newsom when he was San Francisco Mayor, but is now in a relationship with Donald Trump, Jr., unloaded on California during her fiery Republican...

‘Time Stealing’ Regulations for ‘The Wealth Tax’

August 17, 2020 1:14 pmAugust 17, 2020 7:58 pm

Can you imagine having to do an inventory and net worth calculation every year? Let alone potentially being audited and having to prove that values were not intentionally understated? It’s not only financial robbery, it’s time theft! – Senator John...

California Dems’ Wealth Tax Follows People Who Move Out of the State

August 17, 2020 7:28 amAugust 18, 2020 8:12 am

Assemblyman Rob Bonta (D-Oakland) made an appearance on “Cavuto: Coast to Coast” Friday to discuss his Wealth Tax proposal. Bonta told Cavuto the tax “affects about 0.15% of the California population — not the top 10%, not the top 1%,...

California Legislators Propose Wealth Tax

August 13, 2020 2:24 pmAugust 13, 2020 2:25 pm

On the morning of August 13, Assembly Bill 2088 was gutted-and-amended an elections bill into a wealth tax. AB 2088 is jointly authored by Assembly Members Bonta, Carrillo, Chiu, Gonzalez, Kalra, Santiago, Stone, Ting, and Wicks. Assembly coauthors include Chu...

CA Democrats Pushing First-in-the-Nation ‘Wealth Tax’ on State’s Billionaires

August 13, 2020 1:10 pmAugust 13, 2020 2:27 pm

Oakland Assemblyman Rob Bonta held a press conference Thursday announcing his legislation to tax the state’s wealthiest job creators and innovators – the 30,400 billionaires living and working in California. This first-in-the-nation net worth tax is estimated to generate $7.5...