Event Brief
California Considers Tax on Billionaires
Filed: Feb 18, 2026 at 10:04 PM ET
Summary: Billionaires threaten to leave California over a proposed tax to fund Medicaid.
WHO: California lawmakers, billionaires
WHAT: Proposed tax on billionaires
WHEN: Feb 18, 2026 at 5:40 PM ET
WHERE: California
WHY: To replace cuts to Medicaid
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