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Sanders to kick off campaign to tax the rich
Los Angeles Times
|February 11, 2026
The Vermont senator will appear in L.A. to support a one-time 5% levy on billionaires.
SEN. Bernie Sanders (I-Vt.) will appear Feb. 18 at the Wiltern in L.A.
(GRAEME SLOAN Bloomberg)
Sen. Bernie Sanders, a political hero among liberals and populists, next week will formally kick off the campaign to place a new tax on billionaires on California’s November ballot.
The controversial proposal, which would impose a onetime 5% tax on the assets of the state’s wealthiest residents, is critical to backfilling federal funding cuts to healthcare enacted by the Trump administration, Sanders said in a statement.
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