After flirting with Gavin Newsom rollback idea, union is ‘all in’ on full billionaires’ tax for California

The California State Employees' Association has fully committed to supporting a proposed billionaires' tax for the state, after initially considering a rollback of Governor Gavin Newsom's initial idea. This tax, which targets the wealthiest individuals, will appear on the November ballot and is expected to face a robust opposition, with the opposition's campaign funds already exceeding those of most state initiatives. This move is crucial as it could generate significant revenue for the state, potentially funding public services and addressing budget deficits, but also highlights the growing divide between the wealthy and the rest of the population.