YES on the 5% Billionaire Tax - YES on Prop 40
California Prop 40 is a one-time, 5% Tax on Billionaires to pay for healthcare costs for all Californians.
In 2025 and 2026, Der Orangefuher and Republicans cut roughly $1,000,000,000,000 - $1 Trillion Dollars - from Federal Healthcare and Medicaid for all Americans to give their billionaire donors massive tax breaks.
Not surprisingly, this has resulted in massive increases in health insurance premiums, millions of people having their health coverage dropped and clinics, hospitals and emergency rooms having to shut down. In fact, it is estimated that 1,300,000 Californians will lose their health coverage by 2030 if these cuts aren't reversed.
Prop 40 would restore some of that funding for Californians who are already suffering under high costs of living, runaway inflation and loss of healthcare coverage.
HERE ARE THE FACTS:
ONLY BILLIONAIRES ARE TAXED Opponents say this tax will be paid for by many Californians. Here's an easy way to see if it will affect you. Are you worth $1,000,000,000 or more? No? Then you won't be taxed!
KEEPS HOSPITALS AND EMERGENCY ROOMS OPEN About $100 billion dollars will be raised to keep healthcare services open and available, services that were cut to give Elon Musk and his friends lots of extra cash for super yachts!
PROVIDES BILLIONS FOR HEALTHCARE AND PUBLIC SERVICES LA County closed multiple clinics and healthcare services due to the loss of more that $50,000,000 in Funding. Prop 40 will help to reverse these losses.
Don't fall for the ads attacking Prop 40 - they're paid for by billionaires like Sergey Brin and Peter Teil, billionaires who want more super yachts paid for by slashing your health insurance coverage.
AND, Vote NO on Propositions 41 and 42!
These are paid for by billionaires to try to stop Prop 40 from taking effect!
LEARN MORE HERE:
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