California billionaire tax is a no-brainer for progressive Democrats, right? Wrong.
Assemblymember Chris Ward was the sole lawmaker to openly criticize the billionaire tax measure, citing its narrow focus.
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This article1 analysis · Apr 19, 2026
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Republished from CalMatters, with credit to the original publisher.
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Published Apr 9, 2026
tl;dr
A proposed 5% one-time tax on California's billionaires to fund healthcare has sparked a quiet rift among Democrats and labor unions over its feasibility, legality, and narrow focus.
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