California Billionaire Tax Gains Momentum | Bakersfield News

California’s billionaire tax is gaining national momentum as a bold strategy to crack down on wealth that’s long slipped through the tax cracks. Once met with fierce resistance—from unions, healthcare groups, even Governor Newsom—this measure now has powerful backing from the California Democratic Party and labor unions. Dave Regan of SEIU-UHW, the driving force behind the push, insists billionaires still pay their fair share through businesses and investments rooted in the state, while rallying for broader support—including from Congresswoman AOC—as this California effort becomes a model for nationwide reform. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d6b9ae3b29f44def