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California Puts Billionaire Tax on Ballot Amid Wage Fight

6/26/2026

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Summary

Story summary

California placed a billionaire tax measure on the November ballot after a campaign funded by wealthy opponents.
Security officer Gilberto Rubio earns $25 an hour, lives in his car and works three jobs because local living-wage estimates exceed $30 per hour.
One Fair Wage leader Saru Jayaraman says organizing for higher minimum wages has surged across party lines as concern over wealth inequality grows.

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Story summary

California placed a billionaire tax measure on the November ballot after a campaign funded by wealthy opponents.
Security officer Gilberto Rubio earns $25 an hour, lives in his car and works three jobs because local living-wage estimates exceed $30 per hour.
One Fair Wage leader Saru Jayaraman says organizing for higher minimum wages has surged across party lines as concern over wealth inequality grows.