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California Lawmakers Introduce Massive Tax Hike To Fund Single-Payer Healthcare For All Residents

California Lawmakers Introduce Massive Tax Hike To Fund Single-Payer Healthcare For All Residents

California lawmakers introduced a bill that would fund single-payer healthcare through new income, payroll and business taxes, part of a push by California politicians to roll out the country’s first single-payer system.  ACA 11, which includes a gross receipts tax on businesses, a payroll tax on employers and employees, and a personal income tax increase […]

Assembly approves bill establishing state-run retirement accounts for all

Assembly approves bill establishing state-run retirement accounts for all

A savings-for-all plan passed the Assembly on Thursday that, if signed into law, will automatically enroll many employees into a state-run individual retirement system. Secure Choice, if implemented, would require employers of five or more people to automatically enroll employees into portable retirement accounts, with an opt-out clause for the individual. Proponents of the measure […]