The California Democratic Party stated on Sunday that it supports a billionaire wealth tax bill to be voted on in November. This move contradicts the positions of Governor Gavin Newson and many powerful trade unions that oppose the bill. Previously, the proposal was voted on twice — once seeking formal endorsement and once choosing a neutral position; in the end, the Democratic Party Executive Committee finalized its support for the bill with a weak vote advantage.

The California Democratic Party stated on Sunday that it supports a billionaire wealth tax bill to be voted on in November. This move contradicts the positions of Governor Gavin Newson and many powerful trade unions that oppose the bill. Previously, the proposal was voted on twice — once seeking formal endorsement and once choosing a neutral position; in the end, the Democratic Party Executive Committee finalized its support for the bill with a weak vote advantage.