- cross-posted to:
- progressivepolitics@lemmy.world
- politics@lemmy.world
- usa@lemmy.ml
- cross-posted to:
- progressivepolitics@lemmy.world
- politics@lemmy.world
- usa@lemmy.ml
Stephen Prager
Dec 28, 2025US Rep. Ro Khanna defended California’s proposed tax on extreme wealth Saturday after a pair of prominent Silicon Valley venture capitalists threatened to launch a primary bid for his California House seat.
The proposal, which advocates are gathering signatures to place on the ballot in 2026, would impose a one-time 5% tax on those with net worths over $1 billion to recoup about $90 billion in Medicaid funds stripped from the state by this year’s Republican budget law. The roughly 200 billionaires affected would have five years to pay the tax.
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Do you want to vote for the candidate who works for the billionaires, or the candidate who fights for you?
This is the same ro khanna that was falling all over himself to kiss elon musk’s nazi ass when trump and elon had their falling out.