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.”

    • CorrectAlias@piefed.blahaj.zone
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      6 days ago

      Yes, but then he realized that showing his whole ass before his presidential campaign/election was a bad strategy. He’s in damage control mode. If elected, I’m sure he’ll flip back to not wanting it again.

      • neidu3@sh.itjust.works
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        6 days ago

        “Now is not the time. We have more important matters to focus on”

        Gets nothing done regarding any of those matters.