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Hey, What's News listeners, it's Sunday, July 12th.
I'm Alex Oseleff for The Wall Street Journal.
This is What's News Sunday, the show where we tackle the big questions about the biggest stories in the news.
On the show this week, we're looking at efforts around the U.S.
To increase taxes on the wealthy.
A proposal in California to tax the state's billionaires.
And the effort recently cleared a key hurdle, so it'll appear on the ballot in November.
That's no guarantee it'll become law, but it's good news for the health care workers union that proposed it.
In fact, they say it's necessary.
This is a one-time emergency tax to address the collapse of our health care system in California
and the loss of health care coverage for 3.5 million people.
That was Dave Regan, the president of the Service Employees International Union United Healthcare Workers West,
speaking recently on KCRA News.
But there are also lots of people who oppose the billionaire tax, even among people who support higher taxes in general.
Billionaire venture capitalist Vinod Khosla recently discussed it in an interview with journal reporter Gunjan Banerjee.