New California Tax Could Raise $100 Billion For Health Care
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A coalition led by a major California union is pushing a new ballot initiative that would impose a one-time 5 percent tax on the state’s billionaires, aimed at filling a projected shortfall in federal Medicaid and education funding. The effort, spearheaded by the Service Employees International Union (SEIU), seeks to address the financial fallout from a new law signed by President Donald Trump that slashes federal health and food aid. The measure comes in response to recent legislation signed
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