Could a Billionaire Tax Actually Fix Healthcare? California Thinks So

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With expiring ACA subsidies and cost-prohibitive healthcare coverage at the forefront of the national affordability crisis, a state synonymous with vast wealth and high taxes offers a potential solution.

According to the AP, a prominent union is working to put a statewide measure on the ballot before California voters that would levy a one-time 5% tax on billionaires, with the windfall funding the gap left by federal cuts to health care for low-income residents…

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