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budget plan

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Regents will vote Thursday on the 2025-26 budget proposal, which is meant to list UC’s funding needs and priorities in advance of Gov. Gavin Newsom’s state budget plan unveiled in January.

One source of new funding in UC’s 2025-26 budget plan is tuition increases — a proposed 3.5% for Californians and 9.9% for out-of-state and international students.

The budget plan does indeed call for taxation of unrealized capital gains held by the country’s uber-rich.

Several other proposals in the budget plan are relevant to taxes on the wealthy.

And if Kamala Harris supports the provisions in the Biden budget plan aimed at requiring the super-rich to pay their fair share of taxes — as her campaign confirms — she’s channeling them too.

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budget forbudget resolution