fromwww.mercurynews.com
1 week agoGavin Newsom and Bernie Sanders become adversaries over push to tax California billionaires
Bernie Sanders will be in Los Angeles campaigning Wednesday for the tax proposal that has the Silicon Valley in an uproar, with tech titans are threatening to leave the state. A large health care union is attempting to place a proposal before voters in November that would impose a one-time 5% tax on the assets of billionaires including stocks, art, businesses, collectibles and intellectual property to backfill federal funding cuts to health services for lower-income people that were signed by President Donald Trump last year.
US politics