Posts tagged California Billionaire Tax
Union Behind California Billionaire’s Tax Offers to Drop It in Favor of Smaller Tax
June 21, 2026 // Newsom batted down the offer via a spokeswoman, who said the governor “has been clear that he is strongly opposed to a California-only wealth tax.” “This poorly designed state-only measure will defund teachers, schools, clinics, and public safety,” Newsom’s spokeswoman said. “Changing the tax rate doesn’t change this measure’s fundamental flaws that harm working Californians.”
‘We can shut down the city’: Lurie’s budget cuts spark a showdown with labor
May 19, 2026 // Mayor Daniel Lurie may be setting the stage for a once-in-a-generation showdown with San Francisco’s public-sector labor unions. Faced with a $643 million deficit and the threat of hundreds of millions more in federal cuts, Lurie is slashing city jobs and squeezing public services — moves that are fueling anger among the unions he’ll soon face across the bargaining table.