Health News New California Tax Could Raise $100 Billion For Health Care

New California Tax Could Raise $100 Billion For Health Care

The initiative is a direct response to President Donald Trump’s sweeping tax and spending cuts law enacted earlier this year. Read More

Ballot proposal taxes 5% of California billionaires' net worth to fund health care

California billionaires could be subject to a one-time tax of 5% of their global net worth under a new ballot measure. Filed Wednesday by Jim Mangia, president and CEO of St. John's Community Health, ... Read More

California's proposed "Billionaire Tax" could reshape wealth planning for ultra-high-net-worth clients

Reed Hastings, Netflix co-founder, at about $6 billion. Patrick and John Collison, Stripe founders, each estimated near $10 billion. In total, California is home to around 180 billionaires, according ... Read More

‘Billionaire tax' ballot measure seeks to avert CA health care collapse

Two health care industry players propose a one-time 5% tax on billionaires to offset federal cuts to Medi-Cal, education. Read More

California billionaire tax proposal aims to offset health care cuts

A proposal to levy a one-time, 5% tax on the net worth of Californians with more than $1 billion is being positioned as an emergency fix to prevent deep health care cuts, and is denounced by taxpayer ... Read More

Covered California enrollees could see health care costs rise without congressional action

As the government shutdown enters the second week, how much you pay for health care is at the center of the debate. If you get your health insurance through Covered California, be prepared to see your ... Read More

San Jose officials support sales tax measure to offset health care impacts, but concerns linger

The vast majority of San Jose city leaders will support the upcoming sales tax measure proposed to counter the effects of the Trump Administration’s budget bill on Santa Clara County’s health care ... Read More

Democrats want health care tax credits to end the shutdown. Why the GOP says not yet.

For months, as the expiration of health insurance subsidies loomed, state health insurance commissioners warned Congress that millions of middle-class Americans were likely to see their insurance ... Read More

How Tariffs Could Disrupt Health Care—And What States Can Do About It

This article is the latest in the Health Affairs Forefront featured topic, “Health Policy at a Crossroads,” produced with the support of the Commonwealth Fund and the Robert Wood Johnson Foundation. Read More

What's behind the health care fight that led to the government shutdown

A fight over health policy drove the current federal government shutdown. At issue is the cost of premiums for health care plans people buy on the Affordable Care Act, or Obamacare, marketplaces. Read More

Why health care tax credits are a sticking point in shutdown negotiations

Millions of Americans who rely on health plans under the Affordable Care Act could see their premiums increase if Congress doesn’t expand key tax credits. Some could lose their insurance altogether. Read More