Billionaire tax backers offer to cut proposed levy against California’s wealthiest — if Gavin Newsom gets on board

New York Post
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Billionaire tax backers offer to cut proposed levy against California’s wealthiest — if Gavin Newsom gets on board

The story

Backers of California’s controversial billionaire tax initiative on Thursday publicly challenged Gov. Gavin Newsom to support a scaled-back version of the proposal, arguing a one-time levy on the state’s wealthiest residents is needed to prevent what they called a looming healthcare crisis.

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  1. What's the forecast for California?Forecast and severe alerts
  2. What does gas cost in California right now?Current statewide average
  3. Who represents California in Congress?House and Senate members
  4. What are California's voter ID rules?ID rules and deadlines
  5. What is $100 from 1990 worth today?CPI-adjusted dollars — result on the next page
  6. Where does $75,000 rank in California?Census percentile — national and state
  7. What federal tax bracket is $80,000 (single)?Marginal and effective rate on the next page

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