California mulls a billionaire tax, revealing a deeply divided state
After the US Congress dramatically cut federal funding for health care, states are looking for ways to plug the gap. Some progressive politicians in California think they have an answer - imposing the nation’s first tax on billionaires. But critics say it will force major companies to move out of Silicon Valley. Al Jazeera’s John Hendren reports from Los Angeles. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X: https://twitter.com/AJEnglish Find us on Facebook: https://ift.tt/OZYrTMG Check our website: https://ift.tt/FDEhNqL Check out our Instagram page: https://ift.tt/yfc6WDV Download AJE Mobile App: https://ift.tt/20FWanG #California #BillionaireTax #WealthTax #TaxTheRich #USPolitics #Inequality #SiliconValley #HealthcareFunding #GavinNewsom #BernieSanders #AlJazeeraEnglish
via YouTube https://www.youtube.com/watch?v=uVleykAen34
Published on YouTube: California mulls a billionaire tax, revealing a deeply divided state
February 19, 2026
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