Bernie Sanders Backs California Billionaire Tax

Sen. Bernie Sanders will headline a Feb. 18 Los Angeles rally supporting a proposed California one-time wealth tax of up to 5% on assets over $1 billion, projected to raise about $100 billion for the state's healthcare system. During a multi-day California trip, Sanders will meet AI industry leaders, hold a Stanford town hall with Rep. Ro Khanna, and plans legislation for a moratorium on new AI data centers pending federal regulation.