Labor Divided Over Billionaire Tax | Oakland News

California’s labor unions are splitting over a high-stakes ballot measure: Proposition 40, which would slap a one-time 5% tax on assets over $1 billion to fund healthcare. While SEIU-UHW pushes for it as urgent protection against federal cuts and looming system collapse, teachers and construction unions oppose it, fearing economic harm. This rare rift exposes deeper ideological divides within California’s powerful union bloc—and hints at broader Democratic struggles over wealth inequality. 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/dbd99ae40f1835d7