Newsom's Billionaire Tax Contradiction

Venice Beach News Today | 2 Min News | The Daily News Now! · Jun 26, 2026 · 1m

Governor Gavin Newsom is pushing for a national minimum tax on billionaires, arguing they should pay the same rate as their workers—but he’ll vote against a California ballot measure, calling it a federal issue. His broader economic plan includes AI workforce support, universal childcare, tuition-free college, inheritance reform to stop a “permanent aristocracy,” and restoring corporate tax rates. He’s framing it as a rejection of failed trickle-down economics and a move to ensure tech-driven growth benefits everyone, not just the ultra-rich. Support the show:Get a discount at…