
California billionaire wealth tax surges toward ballot after massive signature haul
Labor union SEIU United Healthcare Workers West says it collected more than 1.5 million signatures to qualify a one-time 5% wealth tax on Californians with net worth over $1.1 billion for healthcare funding; enough valid signatures (875,000) must be verified to place the measure on the November ballot, a move that deepens Democratic divisions while facing both support and opposition.