California Billionaire Tax Act

A statewide ballot initiative to enact an emergency tax on billionaires to save California’s healthcare system from collapse

Massive cuts to federal healthcare funding are driving California towards a healthcare collapse. The federal funding cuts will strip roughly $100 billion from California healthcare over the next five years, leading to:

Short-staffed shifts: Skeleton crews left on the front lines as 145,000 healthcare jobs disappear
Higher costs and lost coverage: Insurance premiums go up for everyone, and millions of Californians lose coverage altogether.
Facility closures and reduced services: Hospitals, clinics, nursing homes, and home care will be forced to reduce services or close down.

Our solution: The California Billionaire Tax Act