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Democrats Split Over Wealth Tax | Oakland News
Democrats in California and New York are locked in fierce internal battles over taxing the ultra-wealthy to fund social programs, revealing deep fractures within the party as they try to balance progressive ideals with political reality. In California, a proposed billionaire wealth tax sparks backlash from labor groups and even Governor Gavin Newsom, who fears driving away high-income residents. Meanwhile, in New York, Governor Kathy Hochul faces mounting pressure to expand taxes despite her past resistance, as voters demand economic justice. These clashes could shape the Democratic strategy…
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