October 24, 2026
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Tag: Proposition 40

Before Taxing Wealth for Healthcare, California Should Stop Wasting Medi-Cal Money

October 22, 2026   6:00 amOctober 22, 2026   6:01 am
Supporters of California’s Proposition 40 say the state needs a massive new tax on billionaires to save Medi-Cal from federal funding cuts. But before California reaches further into taxpayers’ pockets, shouldn’t it make sure the $220 billion Medi-Cal program is...
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California Is Already Holding the Democrats’ 2028 Primary

October 6, 2026   4:37 pmOctober 6, 2026   4:37 pm
Washington pundits talk about the coming fight between the Democratic Party’s socialist insurgents and its establishment as if it were a 2028 event. Californians don’t have to wait. The fight is on our ballots right now, and early voting has...
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The Alchemy of Wealth Taxation

August 31, 2026   8:00 amAugust 31, 2026   9:36 am
“Transmutation” is the process of changing one substance, element, or form into another.  We owe this word to the ancient pursuit of alchemy, which sought “the artificial production of gold” from base metals.  While it is now considered a pseudo-science,...
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Everything You Always Wanted to Know About California’s 14 Ballot Measures in November

July 31, 2026   6:00 amAugust 1, 2026   3:57 pm
As of July 27, 2026, 14 statewide ballot propositions have qualified for the November 3, 2026 election, confirmed by the California Secretary of State. What’s so pressing in California that 14 initiatives qualified for the ballot, and why should you...
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The Legal Challenges to California’s Proposition 40, the 2026 Billionaire Tax Act

July 13, 2026   3:00 pmJuly 13, 2026   3:01 pm
The 2026 Billionaire Tax Act, (now officially known as Proposition 40) on the November 3, 2026 ballot, aims to impose a 5% tax on the net worth of California residents (and certain trusts) worth $1 billion or more. It has...
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