ballot measure

California may be losing two of the state’s most famed residents and generous political donors.

Filmmaker Steven Spielberg recently moved to New York and Facebook co-founder Mark Zuckerberg is eyeing purchasing a new property in Florida, stirring speculation about whether their decisions are tied to a proposed new tax on California billionaires to fund healthcare for the state’s most vulnerable residents.

Although a handful of prominent conservatives who bolted out of California noisily blamed their departure on the controversial wealth tax measure, as well as the state’s liberal ways and what they describe as cumbersome business regulations, neither Zuckerberg nor Spielberg has given any indication that the tax proposal is the reason for their moves.

A spokesperson for Spielberg, who has owned homes on both the East and West coasts since at least the mid-1990s, said the sole motivation for Spielberg and his wife, actor Kate Capshaw, decamping to Manhattan was to be near family.

“Steven’s move to the East Coast is both long-planned and driven purely by his and Kate Capshaw’s desire to be closer to their New York based children and grandchildren,” said Terry Press, a spokesperson for the prodigious filmmaker. She declined to answer questions about his position on the proposed ballot measure.

Director Steven Spielberg presents president Bill Clinton with the Ambassadors Humanity award at the 5th Annual Ambassadors for Humanity Dinner Honoring former President Bill Clinton to support the Survivors of the Shoah Visual History Foundation held at the Amblin theatre Universal Studios on February 17, 2005 in Los Angeles, California.

(Frazer Harrison / Getty Images)

On Jan. 1, Spielberg and Capshaw officially became residents of New York City, settling in the historic San Remo co-op in Central Park West. The storied building is among the most exclusive in Manhattan, having been home to Bono, Mick Jagger, Warren Beatty, Tiger Woods and many other celebrities. On the same day, Spielberg’s Amblin Entertainment opened an office in New York City.

Zuckerberg and his wife, pediatrician Priscilla Chan, are considering buying a $200-million waterfront mansion in South Florida, the Wall Street Journal first reported this month. The property is located in Miami’s Indian Creek, a gated barrier island that is an alcove of the wealthy and the influential, including Amazon founder Jeff Bezos and Trump’s daughter Ivanka and her husband, Jared Kushner.

Representatives for Zuckerberg declined to comment.

The billionaires’ moves raised eyebrows because they take place as supporters of the proposed 5% one-time tax on the assets of California billionaires and trusts are gathering signatures to qualify the initiative for the November ballot. Led by the Service Employees International Union-United Healthcare Workers West, they must gather the signatures of nearly 875,000 registered voters and submit them to county elections officials by June 24.

If approved, the tax would raise roughly $100 billion that would largely pay for healthcare services, as well as some education programs. Critics say it would drive the wealthy and their companies out of the state. On Dec. 31, venture capitalist David Sacks announced that he was opening an office in Austin, Texas, the same day PayPal co-founder Peter Thiel publicized that his firm had opened a new office in Miami.

The proposed ballot measure, if it qualifies for the ballot and is approved by voters, would apply to Californians who are residents of the state as of 2026. But residency requirements are murky. Among the factors considered by the state’s Franchise Tax Board are where someone is registered to vote, the location of their principle residence, how much time they spend in California, where their driver’s license was issued and their cars registered, where their spouse and children live, the location of their doctors, dentists, accountants and attorneys, and their “social ties,” such as the site of their house of worship or county club.

It’s unclear whether the proposal will qualify for the November ballot, and if it does, whether voters will approve it. However, a mass exodus of a number of the state’s billionaires — more than 200 people — would have a notable effect on state revenue, regardless. The state’s budget volatility is caused by its heavy reliance on taxes paid by the state’s wealthiest residents, including from levies on capital gains and stock-based compensation.

“The highest-income Californians pay the largest share of the state’s personal income tax,” according to Gov. Gavin Newsom’s 2026-27 budget summary that was published in January. “The significant share of personal income taxes — by far the state’s largest General Fund revenue source — paid by a small percentage of taxpayers increases the difficulty of forecasting personal income tax revenue.”

This reliance on wealthy Californians is among the reasons the proposed billionaires tax has created a schism among Democrats and is a source of discord in the 2026 governor’s race to replace Newsom, who cannot seek another term and is weighing a presidential bid. He opposes the proposal; Sen. Bernie Sanders (I-VT.) campaigned for it Wednesday evening at the Wiltern in Los Angeles.

“I am not only supportive of what they’re trying to do in California, but we’re going to introduce a wealth tax for the whole country. We have got to deal with the greed, the extraordinary greed, of the billionaire class,” Sanders told reporters Feb. 11.

Zuckerberg and Spielberg are both prolific political donors, though it is difficult to fully account for their contributions to candidates, campaigns and other entities because of how they or their affiliates donate to them as well as the intricacies of campaign finance reporting.

Spielberg, 79, a Hollywood legend, is worth more than $7 billion, according to Forbes. He and his wife have donated almost universally to Democratic candidates and causes, according to Open Secrets, a nonprofit, nonpartisan tracker of federal campaign contributions, and the California secretary of state’s office.

The prolific filmmaker, who won acclaim for movies such as “Schindler’s List,” “Jaws,” “Jurassic Park” and the “Indiana Jones” trilogy, was born in Ohio and lived with his family in several states before moving to California. He attended Cal State Long Beach but dropped out after Universal Studios gave him a contract to direct television shows.

Zuckerberg, 41, launched Facebook while in college and is worth more than $219 billion, making him among the world’s richest people, according to Forbes.

His largest personal federal political donation appears to be $1 million to FWD.us, a group focused on criminal justice and immigration reform nationwide, according to Open Secrets.

Zuckerberg, who is currently a registered Democrat in Santa Clara County, has donated to politicians across the partisan spectrum, including Democrats such as former House Speaker Nancy Pelosi and current Senate Minority Leader Chuck Schumer to Republicans such as President Trump’s Secretary of State Marco Rubio when he ran for the White House and Chris Christie during his New Jersey gubernatorial campaign.

Both men’s personal donations don’t include their other effects on campaign finances — Spielberg has helped countless Democratic politicians raise money in Hollywood; Zuckerberg’s company has made other contributions. Meta — the parent company of Facebook, Instagram and WhatsApp — donated $1 million to Trump’s inauguration committee in December 2024. Zuckerberg later attended the president’s swearing in at the U.S. Capitol Rotunda.

Zuckerberg, born in White Plains, N.Y., created an early prototype of Facebook while at Harvard University and dropped out to move to Silicon Valley to complete the social media platform, as depicted in the award-winning film “The Social Network.”

He still owns multiple properties in California and elsewhere, including a controversial, massive compound on Kauai that includes two mansions, dozens of bedrooms, multiple other buildings and recreational spaces — and an underground bunker that features a metal door filled with concrete, according to a 2023 investigation by Wired. The cost of land acquisition and construction reportedly has topped $300 million.

Meta is based in Menlo Park, Calif., though it has been incorporated in Delaware since Facebook’s founding in 2004.

Times staff writer Queenie Wong contributed to this report.

Los Angeles County leaders are pushing forward a measure for the November ballot that would remove their ability to have final say on one of the costliest decisions they make: How much to pay firefighters and sheriff’s deputies.

The supervisors voted 4 to 0 on Tuesday to have their lawyers draft a ballot measure that would give final decision-making power in contract disputes regarding pay and working conditions for public safety workers to a three-person panel, a practice known as binding arbitration.

Supporters say the proposal, which the supervisors are pushing to get on the November ballot, would offer a new tool to smooth over disputes and provide a “reset” after recent tumultuous contract negotiations.

“It incentivizes both parties to come to a fair agreement,” said Supervisor Lindsey Horvath, who introduced the measure along with Supervisor Hilda Solis.

The supervisors are expected to vote again on the proposal in the coming months before putting it on the ballot.

Currently, if contract talks hit an impasse, the five county supervisors can, after a complex mediation process, impose a final offer. Public safety workers, who are not allowed to strike, say they have no leverage with which to fight back, giving the county final word.

Under the new proposal, the power dynamics would shift. An arbitration panel would instead make the final decision on some contract disputes for public safety employees, including firefighters, sheriff’s deputies and county lifeguards. The panel would have one arbitrator chosen by the county, one chosen by the union and one agreed to by both sides.

It’s rare for labor negotiations to get to this point. The county said it has imposed contract terms after reaching impasse over negotiations twice since 2001, once with the Union of American Physicians and Dentists in 2001 and Supervising Deputy Probation Officers in 2024.

“The goal is to never have to get to that step,” Horvath said.

Unions say the measure would give them needed leverage and remove political pressure from the thorniest contract questions. Critics say it shifts financial control away from politicians and into the hands of unaccountable arbitrators, which could lead to bloated labor costs.

“Arbitrators aren’t elected, they’re not required to weigh countywide trade-offs like homeless services, healthcare, capital improvements, all of those things,” said Supervisor Holly Mitchell, the only supervisor to abstain from the vote.

Interim County Executive Officer Joseph M. Nicchitta said he viewed it as a potential “seismic change” in how the county handles labor negotiations.

“Because the arbitrators ‘pick a winner’ as between the parties’ final offers, the decision will no longer be a compromise. One side will win,” Nicchitta wrote in a Feb. 9 letter to the board.

Substantial raises mandated by arbitrators, he wrote, “could, among other things, materially and detrimentally increase the County’s day-to-day operating costs, lead to workforce reductions and program curtailments, balloon our unfunded pension liabilities, and damage the County’s credit ratings.”

The decision of who gets final say over wage increases will become increasingly important as county leaders try to steer the government through financial tumult brought on by federal cuts, booming labor costs and billions in sex abuse payouts. Last week, the supervisors unanimously approved $200 million in homeless service cuts to close the budget gap.

Horvath said more than 20 jurisdictions in California use binding arbitration for public safety workers, including the counties of San Francisco and Sacramento.

Public safety unions are simultaneously gathering signatures to get the proposal on the ballot in case the board decides against moving forward. A coalition of public safety unions has started a campaign arguing that binding arbitration would “remove politics from pay decisions” and leave “pay decisions in the hands of neutral experts.”

“They have every intention and probably all of the resources needed to collect signatures to put something on the ballot that gets them this,” Supervisor Janice Hahn said. “This makes sense to work on something that we can have some input in.”