California Billionaire Tax Act
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California Billionaire Tax Act
@cabillionairetax.bsky.social
Working families supporting a one-time, 5% emergency billionaire tax to prevent the collapse of California healthcare and support public education. https://www.cabillionairetax.org/
Hospitals shouldn’t be disappearing from our communities. But with $100B in federal healthcare cuts over the next 5 years, more closures are on the horizon unless California steps up. A one-time tax on 200 billionaires can keep care local — and keep families healthy. https://bit.ly/4phDjqC
December 3, 2025 at 6:01 PM
California’s healthcare system is on the verge of collapse. If nothing changes, we could face longer ER wait times, higher premiums, and tens of thousands of lost healthcare jobs. A one-time 5% billionaire tax raises $100B to protect both care for 39 million Californians. #BillionaireTax
November 6, 2025 at 5:30 PM
California’s healthcare system is facing a $100 billion cut — threatening hospitals, jobs, and care for millions. The California Billionaire Tax Act is a one-time, 5% tax on just 200 billionaires to stop that collapse. Working families can’t afford a healthcare meltdown.

https://bit.ly/4omZBH3
A wealth tax that works
How we build a better future despite Trump and his Republican lapdogs (Part 1)
bit.ly
November 3, 2025 at 10:00 PM
🙌 Mark Ruffalo joins growing number of Californians calling on billionaires to help stop California’s healthcare collapse. #BillionaireTax #StopTheCACollapse
October 27, 2025 at 10:01 PM
Imagine California without enough caregivers, closed ERs, and families losing care.

That's what happens if Congress's $100 billion in federal cuts go unchecked.

But here's the simple truth:
Just 200 billionaires could stop it with a one-time, 5% emergency tax.
That’s it — 5%.
October 27, 2025 at 2:02 PM
“If we do not do this, millions of people are going to lose health care, an untold number of people will go without treatment, and there will be tragedy after tragedy."

https://bit.ly/4qlynlj
California union proposes taxing billionaires to offset Medicaid cuts
California voters could decide next year whether to impose a one-time tax on billionaires to backfill federal funding cuts to health care.
bit.ly
October 25, 2025 at 4:01 PM
"Earlier today, one of California’s most powerful unions and two of the nation’s most prominent progressive economists unveiled a 2026 state ballot measure that would establish the nation’s first wealth tax." #BillionaireTax https://bit.ly/476vptp
Unveiled Today: The First Politically Viable Wealth Tax - The American Prospect
A proposed 2026 California ballot measure would tax billionaires’ fortunes to fund imperiled health access for 15 million state Medicaid recipients. The spillover effects of its presence on the midterm-election ballot should be considerable.
prospect.org
October 24, 2025 at 11:00 PM
"The proposed ballot initiative, titled “The 2026 Billionaire Tax Act,” would levy a single 5% tax on the wealth of California’s roughly 200 billionaires." https://bit.ly/43Art1L #BillionaireTax
'The 2026 Billionaire Tax Act': Emergency Proposal Aims to Fight Back Against Trump Attack on Medicaid | Common Dreams
"If these cuts take effect without replacement funding, it won't just mean longer lines—it means people won't be able to get care when they need it," said one healthcare worker.
bit.ly
October 24, 2025 at 4:02 PM
Get the facts on the California Billionaire Tax Act.
October 23, 2025 at 11:30 PM
Congress cut $100 billion in California’s healthcare funding over the next five years and now our state’s healthcare system is heading toward total collapse.

But we have a solution.

A one-time, 5% emergency tax on California’s 200 billionaires.
October 23, 2025 at 4:02 PM