Waters boost helps California Democrats back billionaire wealth tax
TL;DR
Months of behind-the-scenes organizing, capped by Rep. Maxine Waters’ participation, helped the California Democratic Party endorse the state’s billionaire wealth tax, signaling labor-backed support and broad voter appeal while opposing factions argued the measure would keep Democrats in touch with the base despite fundraising and political headwinds.
- How wealth tax backers won over California Democrats Politico
- California Billionaire Tax Wins Support From State Democratic Party wsj.com
- ‘You don’t fix problems when you deny them’: Jamie Dimon hails SF, rails against taxes The San Francisco Standard
- California Democrats Want to Tax Billionaires. They Can’t Agree on How. The New York Times
- California Democratic Party breaks with Newsom to endorse billionaire tax The Mercury News
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