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California billionaire tax appears headed to the ballot

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People chant in support of a tax on billionaires during a Bernie Sanders rally in Los Angeles in February

People chant in support of a tax on billionaires during a Bernie Sanders rally in Los Angeles in February

A proposed emergency tax on California billionaires to help fund the state's cash-strapped healthcare system has gathered enough signatures to trigger a referendum in November, the union behind the measure announced.

The proposal gathered 1.5 million signatures -- nearly twice the number required to get on the ballot.

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Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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