EPISODE · Feb 14, 2026 · 7 MIN

California 2026 Billionaire Tax Act

from 10,000 Startups: Legal Strategies for Startup Success · host Roger Royse

Send us Fan MailCalifornia 2026 Billionaire Tax Act (A.G. File No. 2025‑024, Initiative No. 25‑0024)A one‑time 5% wealth tax on individuals with more than $1 billion in net worth. To finance Medi-Cal which is projected to lose federal fundingWill be on the November 2026 statewide ballot if enough (874,641) signatures are collected. The tax would be retroactive, applying to residents who qualify as billionaires as of January 1, 2026

What this episode covers

Send us Fan Mail California 2026 Billionaire Tax Act (A.G. File No. 2025‑024, Initiative No. 25‑0024) A one‑time 5% wealth tax on individuals with more than $1 billion in net worth. To finance Medi-Cal which is projected to lose federal funding Will be on the November 2026 statewide ballot if enough (874,641) signatures are collected. The tax would be retroactive, applying to residents who qualify as billionaires as of January 1, 2026

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California 2026 Billionaire Tax Act

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This episode was published on February 14, 2026.

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