California’s Billionaire Tax: A Questionable Solution to Federal Medicaid Cuts

California’s latest proposal to impose a one-time 5% tax on billionaires aims to patch holes left by significant federal Medicaid funding cuts. While this might sound like a bold step toward protecting health coverage for millions, it demands closer scrutiny—especially from an America First perspective that prioritizes sustainable solutions over short-term fixes and burdensome taxation.Can Punishing Success Fund Healthcare Without Hurting Everyday Americans?The Service Employees International Union and other proponents claim this tax would generate $100 billion to backfill lost Medicaid funding and support K-12 education. However, is targeting the net worth of California’s richest residents really the best path...