Press coverage, statements, and updates on Prop 40.
Other critics of the proposed tax include Gov. Gavin Newsom, both candidates running to succeed him, the California Teachers Association, and Planned Parenthood Affiliates of California.
“You can bet if I’m investing in a multi-billion dollar startup, I’m asking them to move from California first.”
“If California adopts a wealth tax, the only undisputed winners will be the lawyers”
“[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.”
California Medical Association CEO joins California Politics 360 to discuss the group’s opposition to the proposed wealth tax.
“A labor union spent $31 million gathering signatures to qualify the measure for the ballot…”
“A controversial proposal is officially headed to the ballot, setting up a high‑stakes political fight despite opposition from the state’s top leaders…”
“…many liberals in the state fear the long-term economic costs.”
“…[Prop 40] has splintered some of the state’s many labor unions to create a broad coalition of strange bedfellows who rarely join hands but are now collaborating to kill it.”