California Democrats endorse a self-destructive ‘billionaire tax’

The California Democratic Party is continuing its economic destruction of the state, driving taxpayers out while ramping up spending year after year. The California Democratic Party officially endorsed the union-promoted billionaire tax that voters will see on the ballot later this year. This supposed “one-time” tax wi

The California Democratic Party has endorsed Proposition 40, the proposed billionaire wealth tax. The most interesting part of that decision, however, was not who supported it but who opposed it.

Leaders of the state Democratic Party endorsed the ballot measure slated for November, but the party remains far from united on the issue as Democrats nationwide grapple with a growing wealth gap.