✉news WorldPolitics first seen 1 d ago, last 5 h ago, peak #6
Newsom backs killing California billionaire wealth tax
Original: Gavin Newsom backs measure to kill the billionaire tax and ban future wealth taxes
California Governor Gavin Newsom has come out in support of a measure that would eliminate the state's proposed tax on billionaires and bar any future wealth taxes. The move puts him against progressive lawmakers who pushed the levy on the ultra-wealthy, and is being widely covered by California outlets including CalMatters and LAist as a significant shift in the state's tax debate.
Why now: Newsom's break with progressive allies over wealth taxation is a consequential political shift in California with implications for his national profile.
Rank over time, top of the chart is #1. 20 snapshots from 1 d ago to 5 h ago.
Evidence
- Gavin Newsom backs measure to kill the billionaire tax and ban future wealth taxes · LAist
- Gavin Newsom backs measure to kill the billionaire tax and ban future wealth taxes · CalMatters
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