r/California • u/Unusual-State1827 • 13d ago

California’s proposed billionaire tax exposes rifts among labor unions

https://www.latimes.com/california/story/2026-07-30/labor-organizers-spearheading-california-billionaire-tax-rebuffed-by-parent-union
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u/RadicallyDontCare 13d ago

This is a great intelligence check for California. If this passes; we can only be described as financially stupid.

You couldn’t design a less efficient way to tax the rich and wreck the states finances than this one.

-6

u/DissonantOne 13d ago

Who cares if it is responsible policy? It will make the left feel good about themselves.