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One of America’s largest unions backs massive California wealth tax as billionaires bolt

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6 days ago

One of America’s largest unions has made a public declaration regarding California’s hotly-debated billionaire wealth tax.Teamsters California and its 250,000 members have formally backed state legislation proposing a one-time 5% tax on the net worth of California residents worth more than $1 billion."The fight to pass the California Billionaire Tax is a fight to protect workers’ ability to afford living in California; it's a fight Teamsters California will continue to lead," Teamsters California Co-Chairs Peter Finn and Victor Mineros said in a joint press release."The same Big Tech billionai...

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6 days ago
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