Washington state also recently passed a millionaires' tax, while New York City Mayor Zohran Mamdani wants to add a 2% tax on residents who earn over $1 million.
—
Aimee Picchi,
CBS News,
26 Mar. 2026
Instead of finding further savings opportunities or implementing cuts, the administration had focused on lobbying the state to implement options like raising income taxes for millionaires and hiking corporate tax rates.
—
Josephine Stratman,
New York Daily News,
25 Mar. 2026
The gaslighting evil plutocrats who want everything own the Federalist Society, Heritage Foundation and other think tanks.
—
Sun Sentinel Editorial Board,
Sun Sentinel,
23 Feb. 2026
One issue raised by the burgeoning controversy over the California proposal is how to extract a fair share of public revenue from plutocrats, whose wealth has surged higher while their effective tax rates have declined to historically low levels.
—
Business Columnist,
Los Angeles Times,
8 Jan. 2026
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