Gavin Newsom calls for national billionaires tax: 'It's time for an economic reset'
California Gov. Gavin Newsom called for a nationwide tax on billionaires as part of a broader “economic reset for America.”
Newsom, who is considered to be a 2028 presidential contender, also reiterated his opposition to a state-level wealth tax that Californians will vote on in November.
He also called for creating a “national public equity fund” to help “ensure every American owns a stake in the future being built by AI.”
https://www.cnbc.com/2026/06/26/gavin-newsom-national-billionaires-tax-california.htmlOpen linkView original on lemmy.world

















