The ballot initiative, titled the “2026 Billionaire Tax Act,” can be found here . Background In response to federal cuts to Medicaid and food assistance programs, SEIU United Healthcare Workers West filed a ballot initiative  with the California Attorney General titled the 2026 Billionaire Tax Act . The initiative must gather 875,000  signatures by April to eventually be included on the November ballot. The ballot initiative seeks to impose a 5% tax  on the total net worth (excluding real...