A Healthcare Collapse? Or A Tax on Billionaires?
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A Healthcare Collapse? Or A Tax on Billionaires?
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Osha and guest, Erin Kelly, discuss the California Billionaire Tax Act, a one-time tax on billionaires to help fund the gap left by the bill Congress passed that gave huge tax cuts to the wealthiest 1 % and cut funding for healthcare. (called "The big beautiful Bill" by its sponsors).
As a result of the cuts, our healthcare costs continue to rise, millions will lose their coverage, and hospitals and clinics will shut down, threatening the very fabric of our healthcare system.
How does the Billionaire Tax Act work to address the coming healthcare collapse? How does it work? Who pays and how much? Will it cause billionaires to flee California to avoid a one-time tax, or is that a scare tactic? Listen to learn more.
For more info https://billionairetaxnow.org/
Funding details https://www.fppc.ca.gov/
If you enjoyed this show, please leave a positive review and share with your friends. Thank you! Osha