Proposition 40, the California Billionaire Tax Act, is continuing to exacerbate the fissures within the Democratic Party between mainstream politicians such as Governor Gavin Newsom and the rising tide of Democratic socialists such as New York City Mayor Zohran Mamdani.  The California Democratic Party has officially endorsed the one-time 5% tax on the worldwide net … Continue reading Proposed Left-Right Alliance Pushing ‘Wealth Taxes’ Probably Won’t Happen →