July 8, 2026 - The Green Party of California’s statewide General Assembly endorsed the Billionaire Tax Act by a vote of 98% in June, calling on California’s billionaires to pay a wealth tax. The California Billionaire Tax Act would enact a one-time 5% tax on California’s billionaires in order to replenish the cuts that President Trump has made to healthcare, education, SNAP, and other social service programs.


