qwant news | The SEIU declares war on California's tax base — and its economy

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The Service Employees International Union (SEIU) is pushing the “2026 Billionaire Tax Act,” which would impose a one‑time 5 % tax on the net worth of California’s ultra‑wealthy, earmarking 90 % of the revenue for health‑care spending that directly benefits the union and its members. While the initiative has gathered enough signatures to qualify for the Nov. 3 ballot, critics argue the tax could trigger a new wave of billionaire exoduses—already seen with figures like Larry Page, Mark Zuckerberg, Sergey Brin, Larry Ellison and Peter Thiel—potentially costing the state $13 billion in personal‑income tax and up to $25 billion in broader economic revenue. The SEIU’s pursuit follows revelations of extensive Medi‑Cal fraud, yet opponents warn that the tax’s projected $100 billion revenue is unrealistic, and that wealthier residents will employ legal tactics to minimize liability, further depressing asset values and harming California’s economy for generations.

Read more: https://nypost.com/2026/04/28/opinion/the-seiu-declares-war-on-californias-tax-base/

#SEIU #DaveRegan #Medi_Cal #UnitedHealthcare #LarryPage #MarkZuckerberg #SergeyBrin #LarryEllison #PeterThiel

The SEIU declares war on California's tax base — and its economy

Unions sometimes destroy entire industries when they demand more than companies can afford.

California Post

Medi-Cal is stupid and gonna get itself sued for wrongful deaths by saying if you're not on insulin you only need to test your blood sugar level 1x/day - and making that a HARD limit. Like you cannot get that changed, no matter what your docs write the rx for it will only be filled as 1x/day.

Insulin controlled diabetes is not the only reason you might be checking that more than once a day, Medi-Cal.

Pre-diabetes? T2 diabetes? Hypo- or hyperglycemia? Personally I think if you're on a GLP1 med (ozempic, wegovy, zepbound, etc) you 100% should be watching your blood sugar, whether you're using it for diabetes or weight control or what. I'm blanking out but I know there are probably other reasons.

Like.... 1x/day does not give you a proper trend for ANYONE.

For fuck sake Medi-Cal.

#Medi_Cal #statehealthcare #californiahealthcare #medicaid #glucosetesting #bloodsugar #glp1 #CA