Proposition 40 would force Californians with a net worth of more than $1 billion to pay a one-time 5 percent tax on their assets. The money would mainly go toward healthcare.\u00a0<\/p>\n
For the latest Sacramento Report, Nadia Lathan asked San Diego\u2019s legislative delegation if they support or oppose the measure. Most would not say, only state Sen. Catherine Blakespeare said she opposes it.<\/p>\n
Competing pressures are at work. Democrats may generally support taxing extreme wealth, but some worry about the negative economic effects of a California-only wealth tax on businesses and tax revenue for the state. Others don\u2019t want to alienate wealthy voters or donors or aren\u2019t happy with the plan for spending the money collected.<\/p>\n
Read the Sacramento Report here.\u00a0<\/a><\/p>\n A Socialist and a Conservative Walk Into Politifest\u00a0<\/p>\n At our Oct. 3 Politifest, it\u2019s the Socialist \u2018Stache versus the conservative constant in El Cajon city politics in a debate for the mayoral seat.\u00a0<\/p>\n Bill Wells has held onto the mayoral gavel since 2013 and proved to be an \u201celectoral juggernaut,\u201d writes our Jakob McWhinney. \u201cDespite El Cajon becoming ever-more Democratic, he\u2019s won every mayoral election by at least 40 points.\u201d<\/p>\n But his politics, particularly when it comes to collaborating with immigration officials, have stirred up controversy that may have opened a window for his opponent, labor organizer Alexander Kraft.\u00a0<\/p>\n Read the full post here.\u00a0<\/a><\/p>\n VOSD Podcast: It\u2019s Silly Season<\/p>\n It\u2019s that time of year, when journalists, especially our commander in chief Scott Lewis, get really giddy over their U.S. Postal Service mailboxes.\u00a0<\/p>\n Candidates and interest groups start to fill these babies up with mailers that try their darndest to earn your vote. Your faithful podcast crew is here to help.<\/p>\n First up, an AI-generated graphic that fired shots at co-hosts Jakob McWhinney and Scott Lewis for something they never said. And how San Diego City Councilman Henry Foster lost his endorsement from the city firefighters union in the thick of a battle to keep his seat.\u00a0<\/p>\n