{"id":70799,"date":"2026-04-03T12:00:16","date_gmt":"2026-04-03T17:00:16","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2026\/04\/03\/billionaire-fortunes-have-reached-all-time-highs-under-trump-so-has-the-movement-to-tax-them\/"},"modified":"2026-04-03T12:00:16","modified_gmt":"2026-04-03T17:00:16","slug":"billionaire-fortunes-have-reached-all-time-highs-under-trump-so-has-the-movement-to-tax-them","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2026\/04\/03\/billionaire-fortunes-have-reached-all-time-highs-under-trump-so-has-the-movement-to-tax-them\/","title":{"rendered":"Billionaire fortunes have reached all-time highs under Trump. So has the movement to tax them"},"content":{"rendered":"<p>Residents in at least 10 states are organizing campaigns to tax wealth in order to fund schools and other social services<\/p>\n<p>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: \u201cHow do you feel about taxing the rich?\u201d<\/p>\n<p>Sanchez is volunteering to collect signatures to put a contentious \u201cbillionaire tax\u201d on California\u2019s November ballot, sponsored by her union, <a href=\"https:\/\/www.seiu-uhw.org\/\">SEIU \u2013 United Healthcare Workers West<\/a>. The proposal would impose a one-time 5% wealth tax on the state\u2019s 200-plus billionaires to cover lost federal funding for California hospitals and emergency services and to fund public education and food assistance programs. She says most people have been eager to sign on \u2013 and want to see more of it.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/apr\/03\/tax-billionaires\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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: \u201cHow do you feel about taxing the rich?\u201d &#8230; <a title=\"Billionaire fortunes have reached all-time highs under Trump. So has the movement to tax them\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2026\/04\/03\/billionaire-fortunes-have-reached-all-time-highs-under-trump-so-has-the-movement-to-tax-them\/\" aria-label=\"Read more about Billionaire fortunes have reached all-time highs under Trump. So has the movement to tax them\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-70799","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/70799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=70799"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/70799\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=70799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=70799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=70799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}