Article 79E42 Top Democrats are fighting a billionaire tax in California. Their voters are on the other side |

Top Democrats are fighting a billionaire tax in California. Their voters are on the other side |

by
Norman Solomon
from US news | The Guardian on (#79E42)

The unprecedented measure has enormous potential nationwide. The clash exposes the party's corporate-progressive divide

Midway through this summer, a high-quality poll found that Democrats in California were overwhelmingly in favor of the upcoming ballot measure for a one-time 5% tax on billionaire wealth.

The ratio was more than 4 to 1. But the state's most powerful Democrats - including the governor Gavin Newsom, his near-certain successor Xavier Becerra and the Los Angeles mayor Karen Bass - have lined up with Silicon Valley billionaires who've raised upward of $340m to defeat the initiative.

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