Newsroom

With numbers now assigned, the campaign against the reckless wealth tax experiment released a list of 40 reasons to vote NO on Prop 40.

“When you gamble with the finances of our state and local governments, you gamble with public safety.”

“[Prop 40] has triggered anger and opposition among typically Democratic-aligned groups…”

“Healthcare is complicated, and it requires stable and long-term funding for healthcare providers to be able to make the decisions they need to provide access to care.”

“A quick look at the math underpinning the proposal… shows that the first net wealth tax in modern U.S. history would provide the state little and endanger its economic core.”

“…labor unions representing construction workers, carpenters, police officers and teachers, as well as prominent health care groups like Planned Parenthood, have broken with SEIU-UHW to oppose the measure…”

“California’s best hope for keeping its tax base is for voters to reject the ballot measure so decisively that would-be wealth-taxers are afraid to ever try it again.”

“Taxing billionaire residents to resolve this problem poses major risks.”