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Letters to the Editor: Regular Californians have nothing to fear in proposed billionaire tax

To the editor: A person who lacks the facts usually resorts to fear (“You don’t have to be wealthy to worry about California’s wealth tax,” May 28).

Let’s get to the facts. The California Billionaire Tax Act is a one-time emergency tax on the global wealth of the state’s billionaires. Section 50310 of the Billionaire Tax Act states that any amendments cannot change the act’s fundamental purpose: imposing a one-time tax on billionaires. That means that, despite the lies peddled by a handful of controversial billionaires and their paid spokespersons, regular working Californians would have nothing to fear regarding the initiative being expanded to them.

Here’s another fact: California’s healthcare is headed toward total collapse, and the cause is Congress’ massive healthcare cuts to fund tax cuts for billionaires. All the billionaire tax would do is fill the budget gaps that billionaires caused themselves.

Boogeymen and slippery-slope arguments are no basis for public policy. Let’s stick to the facts, save our hospitals and clinics, and vote yes this November.

Lakeshia Howze, Hawthorne
This writer is an emergency department ward clerk transcriber at Kaiser Los Angeles Medical Center.


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