{"id":8183,"date":"2026-03-15T22:45:00","date_gmt":"2026-03-15T22:45:00","guid":{"rendered":"https:\/\/elearning.uia.no\/observatory\/?p=8183"},"modified":"2026-03-15T23:47:35","modified_gmt":"2026-03-15T23:47:35","slug":"california-mulls-a-billionaire-tax-revealing-a-deeply-divided-state","status":"publish","type":"post","link":"https:\/\/elearning.uia.no\/observatory\/2026\/03\/15\/california-mulls-a-billionaire-tax-revealing-a-deeply-divided-state\/","title":{"rendered":"California mulls a billionaire tax, revealing a deeply divided state"},"content":{"rendered":"\n<p>President Trump\u2019s &#8220;One Big Beautiful Bill Act&#8221; (OBBBA) has introduced strict eligibility checks for Medicaid, threatening health coverage for nearly 200,000 vulnerable Californians due to increased paperwork. In response, healthcare unions and Senator Bernie Sanders are campaigning for a &#8220;billionaire tax&#8221;, a one-time 5% levy on assets over $1 billion, to fill the $100 billion federal funding gap. The proposal has deeply polarized the state, prompting high-profile tech figures like the Google co-founders to relocate their tax status to Florida. While business associations warn the tax will destabilize California&#8217;s economy and discourage investment, proponents argue it is the only way to protect rural hospitals and essential services from collapse<\/p>\n\n\n\n<p><strong>Date:<\/strong> February 18, 2026. <strong>Source<\/strong>: <a href=\"https:\/\/www.aljazeera.com\/economy\/2026\/2\/18\/california-mulls-a-billionaire-tax-revealing-a-deeply-divided-state\">aljazeera.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Trump\u2019s &#8220;One Big Beautiful Bill Act&#8221; (OBBBA) has introduced strict eligibility checks for Medicaid, threatening health coverage for nearly 200,000 vulnerable Californians due to increased paperwork. In response, healthcare unions and Senator Bernie Sanders are campaigning for a &#8220;billionaire tax&#8221;, a one-time 5% levy on assets over $1 billion, to fill the $100 billion [&hellip;]<\/p>\n","protected":false},"author":118,"featured_media":8190,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","footnotes":""},"categories":[56],"tags":[],"class_list":["post-8183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-socio-economic"],"_links":{"self":[{"href":"https:\/\/elearning.uia.no\/observatory\/wp-json\/wp\/v2\/posts\/8183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elearning.uia.no\/observatory\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elearning.uia.no\/observatory\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elearning.uia.no\/observatory\/wp-json\/wp\/v2\/users\/118"}],"replies":[{"embeddable":true,"href":"https:\/\/elearning.uia.no\/observatory\/wp-json\/wp\/v2\/comments?post=8183"}],"version-history":[{"count":2,"href":"https:\/\/elearning.uia.no\/observatory\/wp-json\/wp\/v2\/posts\/8183\/revisions"}],"predecessor-version":[{"id":8189,"href":"https:\/\/elearning.uia.no\/observatory\/wp-json\/wp\/v2\/posts\/8183\/revisions\/8189"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elearning.uia.no\/observatory\/wp-json\/wp\/v2\/media\/8190"}],"wp:attachment":[{"href":"https:\/\/elearning.uia.no\/observatory\/wp-json\/wp\/v2\/media?parent=8183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elearning.uia.no\/observatory\/wp-json\/wp\/v2\/categories?post=8183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elearning.uia.no\/observatory\/wp-json\/wp\/v2\/tags?post=8183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}