this post was submitted on 27 Jun 2026
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cross-posted from: https://lemmy.world/post/48687124

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.”

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[–] 9to5@hexbear.net 2 points 3 weeks ago

Welcome to the Resistance Mr. Gruesome