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California billionaire tax headed to November ballot

Union says signatures have been collected to place a proposed emergency tax on California billionaires — intended to shore up the state’s strained healthcare system — on the November ballot.

Published Apr 27, 2026, 3:46 PM EDT | WFMZZ

A proposed emergency tax on California billionaires aimed at funding the state’s cash‑strapped healthcare system has gathered enough signatures to trigger a referendum in November, the union behind the measure announced. The union said the petition drive met the threshold to place the question before voters this fall.