Watch CBS News

Watch: San Jose Mayor Matt Mahan explains opposition to proposed wealth tax in California

Name: Watch: San Jose Mayor Matt Mahan explains opposition to proposed wealth tax in California
Uploaded: 2026-01-08T07:40:00-0800
Duration: 6 min 48 s
Description: Mayor Matt Mahan of San Jose speaks to CBS News Bay Area's Reed Cowan about his opposition to a proposed ballot initiative that seeks to impose a one-time, 5% wealth tax on residents with over $1 billion in assets.

Mayor Matt Mahan of San Jose speaks to CBS News Bay Area's Reed Cowan about his opposition to a proposed ballot initiative that seeks to impose a one-time, 5% wealth tax on residents with over $1 billion in assets.