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RandySF

(87,685 posts)
Mon Jun 15, 2026, 02:47 PM Monday

Gavin Newsom Races to Sink Billionaire Tax

“Gov. Gavin Newsom is mounting a last-ditch pressure campaign to stop a proposed California billionaire tax from ever reaching voters,” Bloomberg reports.

“During a call last month, he assured a major Democratic donor the levy would be successfully negotiated away before a June 25 deadline.”


https://politicalwire.com/2026/06/15/gavin-newsom-races-to-sink-billionaire-tax/

9 replies = new reply since forum marked as read
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Auggie

(33,361 posts)
2. Our side. Newsom promotes a national tax, otherwise billionaires just move out of state.
Mon Jun 15, 2026, 04:18 PM
Monday

He's right

Response to RandySF (Original post)

Buddyzbuddy

(3,022 posts)
9. Thanks, I think I've always spelled it that way.
Mon Jun 15, 2026, 07:47 PM
Monday

Correction, incoming. Mustn't insult the wrong person.

MichMan

(17,587 posts)
7. Does it address how the state is planning on determining the net worth of it's residents to see who is eligible
Mon Jun 15, 2026, 06:39 PM
Monday

for the tax and then how much they would owe?

marble falls

(73,393 posts)
8. There's that many Democratic billionaire voters in Calaforia? What's he afraid of? Bringing out ...
Mon Jun 15, 2026, 06:40 PM
Monday

... Democrats and Progressives out to the polls??

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