Viewing June 26, 2026, 3 found
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A California union is pushing ahead with a November ballot measure to tax billionaires, even as Governor Gavin Newsom and other allies warn it could hurt the state’s finances.
Gavin Newsom backed a nationwide tax on billionaires and proposed a public fund so Americans could share in the gains from AI, while still opposing California’s own billionaire tax ballot measure.

Gavin Newsom is pushing a national wealth tax plan after losing a fight over a billionaire tax ballot measure in California.
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