California’s ‘Wealth’ Tax Wouldn’t Even Cover the Cost of Fraud
5th January 2026
SEIU, the massively powerful and radical health care union, claims that California faces a ‘healthcare collapse’ due to what it calls ‘federal funding cuts’ and only an ’emergency’ 5% tax on the total net worth of anyone with over $1 billion in assets will save the state’s health care.
There are no actual ‘cuts’, what SEIU and much of California’s Democrat machine falsely describes as cuts is actually MediCal (California’s name for Medicaid) getting work requirements for healthy adults and paperwork requirements expected to force illegal aliens off MediCal.
Gov. Gavin Newsom’s efforts to provide free health care to illegal aliens is what actually endangered the state’s health care funding. The only people losing MediCal are the people who shouldn’t have it in the first place. California Democrats are however too beholden to SEIU and its rival the California Nurses Association to graciously accept the much needed reforms.