Local & Regional · North America

Proposed billionaire tax could impact California sports teams

The proposed billionaire tax on California's November ballot could slap a one-time 5% levy on wealthy residents, including sports team owners, to raise healthcare funds

31 October 2026Live

Sources

Los Angeles Times. https://www.latimes.com/california/story/2026-10-31/proposed-billionaire-tax-disproportionate-impact-california-sports-teams

The proposed billionaire tax on California's November ballot could slap a one-time 5% levy on wealthy residents, including sports team owners, to raise healthcare funds

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