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Event Brief

Proposed California billionaire tax sparks sharp reaction

A proposed billionaire tax in California ignites debate on funding health care and its long-term impacts.
WHO: California lawmakers, SEIU–United Healthcare Workers West
WHAT: Proposal for a one-time 5% wealth tax on billionaires
WHEN: Jan 5, 2026 at 7:00 PM ET
WHERE: California, USA
WHY: To fund health care services and address wealth inequality

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