Gavin Newsom opposes a California wealth tax. He’s proposing a national billionaire tax instead
By Edward-Isaac Dovere Updated Jun 26, 2026 (edition.cnn.com) California Governor Gavin Newsom holds press conference in San Francisco, California, May 8, 2026. REUTERS/Manuel Orbegozo Manuel Orbegozo/Reuters California Gov. Gavin Newsom on Friday proposed a national tax on billionaires that he says is the first part of an “economic reset for America”… Continue reading
