Story perspectives

Californians Flee as Billionaire Tax Act Sparks Debate

1/21/2026

Summary

Story summary

Wealthy Californians began relocating in late 2025 to Nevada, Texas, and Florida due to the proposed 2026 Billionaire Tax Act.
The Service Employees International Union-United Healthcare Workers West is backing the 2026 Billionaire Tax Act, which represents health care workers.
The union is gathering signatures to place the initiative on the November ballot.
The move has sparked debate in California, as the union previously tried similar initiatives without success.

1 of 1

Story summary

Wealthy Californians began relocating in late 2025 to Nevada, Texas, and Florida due to the proposed 2026 Billionaire Tax Act.
The Service Employees International Union-United Healthcare Workers West is backing the 2026 Billionaire Tax Act, which represents health care workers.
The union is gathering signatures to place the initiative on the November ballot.
The move has sparked debate in California, as the union previously tried similar initiatives without success.