Residents in at least 10 states are organizing campaigns to tax wealth in order to fund schools and other social services
Karen Sanchez likes to meet new people at trivia nights or concerts at her local brewery at the edge of Los Angeles county. Her opening line: “How do you feel about taxing the rich?”
Sanchez is volunteering to collect signatures to put a contentious “billionaire tax” on California’s November ballot, sponsored by her union, SEIU – United Healthcare Workers West. The proposal would impose a one-time 5% wealth tax on the state’s 200-plus billionaires to cover lost federal funding for California hospitals and emergency services and to fund public education and food assistance programs. She says most people have been eager to sign on – and want to see more of it.
Continue reading...
