California Teachers Association opposes billionaire tax | EdSource
This story was originally published by EdSource. Sign up for their daily newsletter.
The California Teachers Association, the state’s largest teachers union, opposes a measure on the November ballot that would impose a one-time tax on the state’s billionaires.
“After thorough review and democratic debate about the Billionaire Tax Act, our State Council of Delegates – 800 educator representatives from throughout the state – determined that this policy will not provide the sustainable and long-lasting funding that our schools and communities deserve,” CTA wrote in a statement.
The union went on to say that they fully support taxing the wealthy, but prefer to do so by extending the taxes on the wealthy that were imposed under Proposition 30 and later Proposition 55, which generate millions for schools and community colleges and are set to end in 2030, unless voters extend them in November.
EdSource is dedicated to covering in California and nationally. Other publications may republish EdSource articles, online or in print, at no charge, provided adherence to our guidelines. The embed code provided here includes a tracking pixel to enable us to measure the reach of our stories. It must be included in any online pickup of EdSource stories.
The following guidelines apply to all EdSource content, including stories, podcasts and video:
Editing stories: Trimming stories for length or adding additional localized reporting is allowed. However, if you wish to make material edits, please contact EdSource for approval prior to publication. Please reach out to Andrew and Smita at republish@edsource.org with questions.
Crediting EdSource: Authors and EdSource should be credited in the byline with a link back to the original article. (This is in the embed code. Please be sure to include it.)
Monetization: EdSource stories cannot be sold, but it’s OK to put EdSource articles on pages with ads.
Photos and graphics: Assets such as photos and graphics must be added manually. Photos taken by EdSource staff may be republished, but some images, such as those from third-party providers (Associated Press, iStock), may not be republished without permission or payment. Proceed with caution. You may also run your own photos with the EdSource story. On occasion, EdSource editors may be able to provide partners with embed codes for graphics or localized data. If you have questions, please contact us.
RSS Feeds: News organizations cannot systematically republish all EdSource articles via RSS feed or other mechanism.
News Brief
Thursday, June 18, 2026 — 10:36 am
June 18, 2026
The California Teachers Association, the state’s largest teachers union, opposes a measure on the November ballot that would impose a one-time tax on the state’s billionaires.
“After thorough review and democratic debate about the Billionaire Tax Act, our State Council of Delegates – 800 educator representatives from throughout the state – determined that this policy will not provide the sustainable and long-lasting funding that our schools and communities deserve,” CTA wrote in a statement.
The union went on to say that they fully support taxing the wealthy, but prefer to do so by extending the taxes on the wealthy that were imposed under Proposition 30 and later Proposition 55, which generate millions for schools and community colleges and are set to end in 2030, unless voters extend them in November.
More News Briefs
Thursday, June 18, 2026, 10:25 am
Parents of kids with disabilities protest federal changes to special education, civil rights
Thursday, June 18, 2026, 10:18 am
Santa Barbara Unified bans YouTube at junior highs, high schools
Wednesday, June 17, 2026, 2:29 pm
U.S. Congress member to introduce resolution to impeach Education Secretary McMahon
Wednesday, June 17, 2026, 11:01 am
California Teachers Association endorses Xavier Becerra for governor
Wednesday, June 17, 2026, 10:56 am
Hundreds of California school mental health jobs in jeopardy as Trump targets grants again
EdSource in your inbox!
Stay ahead of the latest developments on education in California and nationally from early childhood to college and beyond. Sign up for EdSource’s no-cost daily email.
Thanks for signing up!
Stay informed with our daily newsletter