The measure calls for placing a one-time 5 percent tax on the assets of California residents with at least $1.1 billion. Opponents are backing competing measures to counter the tax.
The measure calls for placing a one-time 5 percent tax on the assets of California residents with at least $1.1 billion. Opponents are backing competing measures to counter the tax.
It just happens.
It’s intended to provide a temporary funding bridge to compensate for health care cuts under the Trump administration. The hope is that a future Democratic congress and president can put things back.