
The Tax the Ultra-Rich Now campaign bus will start its week-long tour on Saturday, Sept. 3, 2026. Photo: TURN
Kicks off at Bernie Sanders rally in SF on Saturday, Oct. 3, with stops in Oakland, Berkeley, Bakersfield and LA
Week-long tour makes the case for reducing the wealth and power of the ultra-wealthy through a wealth tax
By Ryan Thomas, Tax the Ultra-Rich Now, Yes on 3 & 40, No on 41 & 42
SAN FRANCISCO — Tax the Ultra-Rich Now (TURN) kicks off a week-long, statewide bus tour tomorrow in support of Proposition 40 and Proposition 3, hosting events with advocates, experts, and policymakers across California. Running from October 3 to October 11, the tour builds on TURN’s six-figure campaign to rein in the outsized wealth and power California’s billionaires hold over working families, the economy, and our democracy.
On November 3, 2026, California voters will vote on Proposition 40, a one-time 5 percent tax on the net worth of billionaires who were California residents on January 1, 2026. Ninety percent of the revenue would fund health care programs, with the remainder for food assistance and education. This analysis examines how the Forbes-estimated wealth of 22 billionaires who have publicly opposed the measure has changed since January 2025 and compares that growth with the measure’s tax rate.
Prop 3 permanently protects roughly $15 billion a year in school and health care funding by again extending an existing high-income tax.
The tour comes at a time when Americans clearly see unchecked billionaire wealth as an existential threat to democratic governance. A new poll released by Tax the Greedy Billionaires showed that 79 percent of Americans say billionaires have more power than they should in a democracy, while seven in ten Americans also favor increased tax enforcement on the wealthiest households.
The tour launches with a rally hosted by Senator Bernie Sanders and Congressman Ro Khanna in San Francisco on October 3, and closes with a comedy show hosted by Heather Gardner featuring Franchesca Ramsey, Kylie Vincent, and Moses Storm in Los Angeles on October 11. Stops include:
- October 3: Rally with Sen. Bernie Sanders in San Francisco
- October 4: Canvas Kickoff in Livermore with Rep. Aisha Wahab
- October 6: “Server for an Hour” in Oakland with Local Electeds
- October 7: AI Roundtable in San Francisco
- October 8: Media Avail, On-Campus Organizing at UC-Berkeley
- October 9: Media Avail, On-Campus Organizing at CSU-Bakersfield
- October 10: Canvas Kickoffs with UTLA and Angela Gonzales-Torres in Los Angeles
- October 11: Comedy Show in Los Angeles
The tour will connect some of the most important issues to California voters—from health care and education to wages and affordable housing—into a single statewide campaign supporting Props 40 and 3 while building political momentum toward a national conversation about billionaire power. Partners joining TURN on the road include:
- California Working Families Party
- Courage California
- One Fair Wage/One Fair Wage Action
- People’s Action
- United Healthcare Workers West (UHW)
- Senator Bernie Sanders
- Reps. Ro Khanna and Aisha Wahab
- Congressional candidate Angela Gonzales-Torres
- Oakland School Board Members Valarie Bachelor and Patrice Berry
- City Councilmembers Igor Tregub (Berkeley) and Kalimah Priforce (Emeryville)
“For far too long, the ultra-wealthy have gotten wealthier while working families pay the price—in higher health care costs, crowded classrooms, and skyrocketing rent. We believe working families should determine our future, not a handful of billionaires exploiting unchecked power built from fortunes that grow year after year,” said Igor Volsky, TURN’s Campaign Manager. “The vast majority of California voters understand what’s at stake. That’s why we’re taking the fight against billionaire greed and power directly to the people impacted most. From the Bay to the Valley, we’re building a movement that will show California and the rest of the country what’s possible when we tax wealth and invest in working people.”
In addition to rallying support for Props 40 and 3, TURN is actively organizing against Props 41 and 42—two billionaire-backed measures on the ballot this November that would nullify Prop 40 if either receives more “yes” votes. So far, despite the poison bills and the ultra-wealthy spending more than $150 million into outright deceiving voters, recent polling shows that 52 percent of likely voters support Prop 40 while 58 percent of likely voters support Prop 3.
About TURN
TURN (Tax the Ultra-Rich Now) is a coalition of working families, health care workers, educators, and everyday Californians fighting to shrink the power billionaires hold over our economy, our democracy, and our future. Taxation is our tool: It funds our schools, health care, and communities while cutting excessive wealth down to size so the rest of us can thrive.
Allen D. Payton contributed to this report.

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