January 02, 2026
CBS quotes Omar Ocampo on CA wealth tax initiative
"It will not significantly impact their lives, their consumption or spending habits."
“The billionaire class had their wealth nearly triple in the last six years, and a one-time wealth tax will only put a 5% constraint on their wealth accumulation,” said Omar Ocampo of the Institute for Policy Studies. “It will not significantly impact their lives, their consumption or spending habits.”
Read the full article in CBS News.
