This week Assemblymember Alex Lee (D-San Jose) re-introduced his
bill, now titled AB 2289, that seeks to impose a tax on the
extreme wealth of the richest Californians. The bill would impact
approximately 17,000 multi-millionaires and billionaires in
California, which is 0.07% of the total taxpayers in our state.
CFT is a proud sponsor of this bill — that would raise more than
$22 billion in revenue annually — and will be working closely
with Assemblymember Lee as it makes its way through the state