Billionaire fortunes have reached all-time highs under Trump. So has the movement to tax them

Residents in at least 10 states are organizing campaigns to tax wealth in order to fund schools and other social services Karen Sanchez likes to meet new people at trivia nights or concerts at her local brewery at the edge of Los Angeles county. Her opening line: “How do you feel about taxing the rich?” Sanchez is volunteering to collect signatures to put a contentious “billionaire tax” on California’s November ballot, sponsored by her union, SEIU – United Healthcare Workers West. The proposa...

By Lex McMenamin