California voters to reject one-time tax on billionaires
Full story
Voters in California are expected to reject a proposed one-time tax on billionaires. Supporters of the tax estimated it would generate approximately $100 billion. These funds were intended to support a public healthcare system. That system had previously been impacted by budget cuts from Trump.
Advocates calculated the one-off tax would raise about $100 billion, which would be used to fund a public healthcare system that has been hit by Trump’s budget cuts.