Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • JOLTS February 2026 | Armstrong Economics
    • Trump tells US that Iran war victory near, but vows big strikes
    • Tiger Woods declines 2027 Ryder Cup captaincy; can leave US for treatment | Golf News
    • Update on bombshell report about Eagles, Jalen Hurts drama
    • Coral Springs Vice Mayor Nancy Metayer Bowen found dead in home after ‘domestic violence incident’: Police
    • Stocks slide, dollar advances after Trump speech on Iran war
    • Magnitude 7.4 quake hits off Indonesia’s Ternate, tsunami warning triggered | Earthquakes News
    • Fernando Mendoza evaluates his Indiana pro day
    Prime US News
    • Home
    • World News
    • Latest News
    • US News
    • Sports
    • Politics
    • Opinions
    • More
      • Tech News
      • Trending News
      • World Economy
    Prime US News
    Home»Opinions»Letters: Wealth taxes haven’t driven away California billionaires yet
    Opinions

    Letters: Wealth taxes haven’t driven away California billionaires yet

    Team_Prime US NewsBy Team_Prime US NewsFebruary 13, 2026No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Feb. 13, 2026 6 AM PT

    To the editor: It’s time to name the billionaires’ bluff as soon as and for all (“Knives are out for California’s golden goose,” Feb. 9).

    California’s roughly 200 billionaires had till Jan. 1, 2026, to vary their official state of residence as a way to be ineligible for the proposed wealth tax that goals to forestall hospital and emergency room closures throughout the state. There isn’t a proof to contradict the truth that the overwhelming majority of billionaires have remained in California.

    Additionally, George Skelton’s math simply isn’t mathing. The state can elevate $100 billion to maintain hospitals and ERs open, or it may, probably, threat tons of of tens of hundreds of thousands of {dollars}. These numbers aren’t even in the identical stratosphere. No person of their proper thoughts would refuse $1 million if they could must pay $1,000 after they obtain it.

    What’s extra, credible tutorial and economist-driven research reveals that wealth taxes don’t drive the ultra-wealthy to relocate en masse.

    Lately, Massachusetts and Washington state enacted increased taxes on high-income earners and capital good points. Each states now have more high-income residents with extra cumulative wealth than earlier than.

    Skleton’s column is simply plain unsuitable. It’s time to cease the sensationalist assaults and begin specializing in what issues: retaining California’s hospitals and ERs open.

    Renée Saldaña, Los Angeles
    This author is press secretary at SEIU-UHW, lead sponsor of the California billionaire tax poll measure.

    ..

    To the editor: As a healthcare employee, I see the cracks in California’s healthcare system widening: longer waits, fewer employees and hospitals working on fumes. When federal healthcare cuts hit, the system received’t bend; it’ll break.

    The California Billionaire Tax Act is a lifeline. It might hold hospitals open and ensure sufferers aren’t turned away. Calling that “dangerous PR” misses the purpose — that is about saving lives, not soaking the wealthy.

    Healthcare staff aren’t the villains right here. We’re attempting to maintain hospitals and ERs open for each Californian who may want care, together with billionaires and their households.

    Andres Gonzalez, Maywood



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleICE says 2 of its officers may have lied under oath about shooting migrant in Minnesota
    Next Article The ‘2025-26 NBA All-Stars’ quiz
    Team_Prime US News
    • Website

    Related Posts

    Opinions

    Contributor: Harmless to practice French with ChatGPT? Au contraire

    April 2, 2026
    Opinions

    Contributor: U.S. sanctions to hurt Cuban civilians violate the Geneva Conventions

    April 1, 2026
    Opinions

    There are countless reasons to resist returning workers to the office

    April 1, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Most Popular

    Patriots legends rip Giants’ Carter over his number request

    May 6, 2025

    Judge blocks Trump’s asylum ban at southern border

    July 3, 2025

    IPL schedule, fixtures announced for the 2025 tournament | Cricket News

    February 16, 2025
    Our Picks

    JOLTS February 2026 | Armstrong Economics

    April 2, 2026

    Trump tells US that Iran war victory near, but vows big strikes

    April 2, 2026

    Tiger Woods declines 2027 Ryder Cup captaincy; can leave US for treatment | Golf News

    April 2, 2026
    Categories
    • Latest News
    • Opinions
    • Politics
    • Sports
    • Tech News
    • Trending News
    • US News
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Primeusnews.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.