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.”
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.
“Now is not the time. We have more important matters to focus on”
Gets nothing done regarding any of those matters.