Billionaire Tax

... Rep. Ro Khanna, one of few Democratic elected officials in California publicly in favor of the billionaire tax so far. “ California's fight is...

Bernie Sanders, I-Vt., and Rep. Ro Khanna, D- Calif., others including Gov. Gavin Newsom, gubernatorial candidate Xavier Becerra, and a growing...

The measure will create a one-time, 5% tax on billionaires. Rep. Maxine Waters rallied the party to get the endorsement passed, after a previous vote...

and Rep. Ro Khanna (D- Calif.) are among the lawmakers who have lined up behind the proposal, which they argue will help combat inequality and cover...

Those in attendance at this year's event included Xavier Becerra, Treasurer Fiona Ma, San Diego Mayor Todd Gloria and other democratic officials.

The California Democratic Party backed Prop. 40, a 5% billionaire tax for healthcare, despite heavy pushback from Newsom and labor leaders.

As the November election approaches, key developments include the certification of the initiative by California Secretary of State Shirley Weber and...

The union leader behind California's proposed billionaire tax was in talks with Gov. Gavin Newsom to take it off the ballot.