Massive cuts to federal healthcare funding are driving California towards a healthcare collapse. The federal funding cuts will strip roughly $100 billion from California healthcare over the next five years, leading to:
- Short staffing: Skeleton crews left on the front lines as 145,000 healthcare jobs disappear
- Higher costs and lost coverage: Insurance premiums go up for everyone, and an estimated 3.4 million Californians lose coverage altogether.
- Facility closures and reduced services: Hospitals, clinics, nursing homes, and home care will be forced to reduce services or close down.
Our solution: Prop 40, The California Billionaire Tax Act
We’re calling on California’s billionaires to step up and pay a one-time, emergency 5% tax to prevent the collapse of California healthcare and help fund California public K-14 education and state food assistance programs. This would protect healthcare jobs and ensure working people and families can get the care they need. The tax would be paid only by Californians worth more than $1 billion — which is a bit over 200 people who hold a combined wealth of $2 trillion.
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Paid for by Yes on 40 – Billionaire Tax Now, Sponsored by Service Employees International Union – United Healthcare Workers West.
Committee’s Top Funder
Service Employees International Union – United Healthcare Workers West
