Skip to main content

Understand. Power. Act.

The Library

New

One story, all the way down.

Newsom doubles down on opposition to California's billionaire tax

Gov. Gavin Newsom just got behind Proposition 42, which, if passed, would act as a kill switch for the billionaire wealth tax.

Sources (1)· Oct 13, 7:56 PM

california billionaire tax vote Gavin Newsom Government Economy

Every telling

their own versions

SFGATE· Oct 13, 7:56 PMNewsom doubles down on opposition to California's billionaire tax

The thread

california billionaire tax vote →

Before

Founder Sergey Brin Drops $102 Million to Stop Democrats’ Insane ‘Billionaire Tax’ in California — Could Face $13 Billion Bill Under Radical Socialist Plan * The Gateway Pundit * by Jim HᴏftGoogle co-founder Sergey Brin has now poured $102 million into the fight against California’s proposed billionaire tax, a one-time 5% hit that could cost him r…

The Gateway Pundit8d agoWhole story →

Economy california billionaire tax vote

California voters to decide on controversial one-time tax on billionairesCalifornia voters will decide whether the state will charge a one-time tax on billionaires. The idea that has split Democrats and labor unions.

NPR11d agoWhole story →

Economy california billionaire tax vote

More like this

similar stories in the archive

Gavin Newsom backs measure to kill the billionaire tax and ban future wealth taxesThe governor announced his positions on most of the 14 propositions on the November ballot.

CalMatters5d agoWhole story →

Economy california ballot propositions

Newsom backs California ballot measure that cancels out billionaire tax proposalCalifornia Gov. Gavin Newsom (D) endorsed a ballot measure that, if approved by voters, would cancel out the ballot measure proposal that would impose a one-time tax on the Golden State's billionaires. On Friday, Newsom endorsed Proposition 42, which would prohibit retroactive taxes imposed by Proposition 40, known as the Billionaire Tax Act, for any...

The Hill1d agoSources (2)Whole story →

Economy california ballot measure endorsement

Newsom Endorses Ballot Measure That Would Cancel Out Billionaire Tax—and Ban Future Wealth TaxesCalifornia Gov. Gavin Newsom ramped up his opposition to a proposed tax on the state's billionaire residents on Friday by endorsing a competing ballot measure that would both cancel out the billionaire wealth tax initiative and prohibit any new taxes on the ownership of financial assets or other personal property. "He’s showing California his true…

Common Dreams3d agoWhole story →

Economy california ballot measure endorsement

Gavin Newsom seeks 'kill switch' for AI in new executive orderNewsom signed an executive order intended to add controls onto AI technology and require a "kill switch."

New York Post26d agoSources (3)Whole story →

Justice Gavin Newsom S 1047 ai safety policy initiative

California’s Landmark Wealth Tax May Be Running Out of SteamCalifornia’s Billionaire Tax ballot initiative led in early polls, but opposition from Gavin Newsom and Xavier Becerra, along with heavy ad spending against it, is taking a toll. It’s a tough situation for Newsom.

New York Magazine26d agoWhole story →

Economy Gavin Newsom california billionaire tax initiative

Mark Cuban checks Ro Khanna on California billionaire taxBillionaire Mark Cuban slammed California’s proposed 5% tax on the super-rich, telling Rep. Ro Khanna “Ideology is not a strategy.”

New York Post2mo agoWhole story →

Economy Ro Khanna billionaire tax debate

Gov. Newsom orders expanded AI oversight, calls for emergency ‘kill switch’California's governor called on the federal government to adopt California's AI regulatory framework or use the state's standards as a baseline for national regulation.

Santa Ana Orange County Register26d agoWhole story →

Government S 813 california ai regulation order

Mark Cuban warns California billionaire tax could hurt investmentMark Cuban warns California's proposed billionaire tax could drive investment and startup founders out of the state amid a clash with Rep. Ro Khanna over the wealth tax.

Fox News2mo agoWhole story →

Economy Ro Khanna california billionaire tax debate