UNDER CONSTRUCTION – DO NOT SHARE!
Billionaires got a huge tax cut! And we got a huge Medi-Cal cut to pay for it!
The 1%’s windfall harms our state, our health care system, and the 99% who helped fund it.
Make these whiny villain-aires pay their share!
Watch (https://youtube.com/shorts/hDhO5oEDvPI)
(calbudgetcenter.org) Medi-Cal, California’s Medicaid program is a lifeline that provides free or low-cost health coverage to over one-third of the state’s population — including children, pregnant individuals, seniors, and people with disabilities.This is a section of their table, which shows how many people in each congressional district rely on Medi-Cal, how many adults could lose coverage due to work requirements, and the level of Medi-Cal spending.
| Representative | Children | Seniors | People with a Disability | ACA Expansion Adults | Total # people (includes other catagories) | Medi-Cal Expenses |
|---|---|---|---|---|---|---|
| 24 – Rep. Salud Carbajal | 72,100 | 20,100 | 15,000 | 83,600 | 243,400 | |
| 26 – Rep. Julia Brownley | 64,800 | 20,800 | 12,700 | 75,100 | 217,400 | |
| 27 – Rep. George Whitesides | 89,400 | 27,400 | 23,000 | 99,900 | 296,300 | |
| 32- Brad Sherman | 47,600 | 32,500 | 11,400 | 87,300 | 218,200 | |
| TOTALS FOR ALL CA | 4,013,200 | 1,579,000 | 968,200 | 4,956,700 | 14,477,700 | $183.81 BILLION |
(See the full chart on how many people, including children and seniors will suffer so our villian-aires can buy another yacht. Download the PDF )
- (Calmatters) If you are lucky enough to have insurance, you are NOT EXCUSED from the fallout.
- the tax cuts Trump gave billionaires will make your insurance premiums (estimated $500/yr for average family) and deductibles increase.
- Emergency rooms will close, and the ones that survive will be more crowded. More than half of the state’s hospitals already operating at a loss.
- More expensive services like labor and delivery will be first on the chopping block.
- Service inside medical facilities will suffers, as California hospitals have already laid off more than 3,000 workers.
- (protectourcare) Nationally, over 1,100 hospitals, clinics and health centers are at risk, reducing services or shutting down entirely.
- (Calmatters) Trump’s gift to his friends strips $30 billion in federal money from CA’s budget. Considering that our taxes support a number of other states, this is injury on top of insult.
- (Stat) Medicaid cuts could result in more than 16,000 preventable deaths annually nationally.
Why vote YES on Prop 40? Don’t billionaires already pay taxes like the rest of us?
Not if they have a good accountant!
Watch (https://youtu.be/WYHV_wc784M)
They’re required to pay income taxes — but here’s the catch. You and I pay taxes on all the money we earn and on the gains from assets we sell. Billionaires don’t take much taxable “income,” and they sidestep capital-gains taxes by borrowing against their stocks, houses, and yachts — then using those loans to buy even more houses, yachts, and maybe a business or two, all while their fortunes keep growing untaxed year after year. It’s a clever scheme. Some might even call it socialism for the ultra-wealthy.
What makes it worse: the Trump administration’s “Big Beautiful Bill” handed California’s billionaires billions more in tax breaks while gutting Medi-Cal — putting health coverage for as many as 1.6 million Californians at risk and leaving the rest of us to cover the bills.
What would Prop 40 (the Billionaire Tax) do?
- Enact a one-time 5% tax on Californians worth more than $1 billion, based on their residency as of January 1, 2026.
- Deposit every dollar into a dedicated Billionaire Tax Reserve Fund — kept separate from the General Fund and exempt from state spending limits so it can’t force cuts to existing programs.
- Raise up to $100 billion to replace revenue lost to Trump’s billionaire tax cuts.
- Cost the state less than $1 billion in tax revenue annually if some billionaires decide to leave the state.
- Spend 90% on health care — protecting Medi-Cal and coverage for low- and moderate-income Californians.
- Spend the rest on public education (K-12 schools and community colleges) and food assistance, including school meals.
What do Props 41 and 42 have to do with Prop 40 — and why vote NO on both?
Don’t be fooled by these innocent-sounding measures. If either Prop 41 or Prop 42 gets more votes than Prop 40, then Prop 40 is nullified — even if it passes! That’s no accident: both are bankrolled by some of the world’s richest men. According to the LA Times, Sergey Brin — who now lives in Nevada and is worth about $284 billion — has spent $102 million to defeat the Billionaire Tax by funding Props 41 and 42. These are Trojan Horses with one purpose: keep billionaires from ever paying their fair share.
| What They Want You to Believe | What Are the Facts? |
| Proposition 41 just keeps state spending in check with regular audits and by making “special taxes” count toward the state’s spending limit. | It nullifies Proposition 40. Prop 41 bars any new state tax taking effect on or after January 1, 2026, whose revenue is shielded from the state spending limit — which describes Prop 40 exactly. That fund is kept separate and shielded for one reason: to protect existing programs while replacing the money Trump’s tax cuts took away. That’s not spending “out of control” — it’s a firewall. |
| Proposition 42 protects your retirement savings and personal property and stops the state from taxing you retroactively. | It’s a scare tactic that doesn’t apply to you. Prop 40 taxes only Californians worth more than $1 billion — about 200 people — and it specifically excludes homes, pensions, and retirement accounts. Your savings were never on the table. Prop 42’s real job is to block the Billionaire Tax by simply getting more votes. |
| Billionaires will just leave California if Proposition 40 passes. | They can’t dodge it by moving. The tax is based on California residency as of January 1, 2026 — so a billionaire who relocates afterward still owes the one-time 5% tax, as long as Prop 40 gets more votes than Props 41 and 42. |
Prop 40 is Endorsed by: the California Democratic Party, U.S. Senator Bernie Sanders, and others
Props 41 and 42 are Opposed by: the California Democratic Party, ACLU, and others
It is not about taxing everyone, you lying shitweasel
CA business roundtable Rob Lapsley
(https://youtu.be/lKldWUrewWs)
- (chcf.org) How Massive Federal Cuts Will Create Unprecedented Challenges for Medi-Cal Patients and Providers
- (Calbudgetcenter.org) H.R. 1 Cuts to Medi-Cal Impact Californians in Every Legislative District
- (calmatters.org) California nearly achieved universal healthcare. Now, millions are losing coverage California’s uninsured rate could nearly double by 2030, with the sharpest losses hitting Black, Asian, and Latino residents in Southern California. A new documentary reveals the human toll behind the numbers, including families navigating Medi-Cal amid immigration raids and looming benefit cuts.