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Newsom Scrubs '$100 Million' Slippery Slope From National 'Billionaire Tax' Pitch - And He's Coming After Inheritance Too
Newsom Scrubs '$100 Million' Slippery Slope From National 'Billionaire Tax' Pitch - And He's Coming After Inheritance Too
California Governor Gavin Newsom (D) on Friday called for a national tax on billionaires. Except, in the original version, it was anyone with a net worth of at least $100 million - as quoted by multiple outlets, citing a post from Newsom's Substack account.
As originally reported by Politico:
His plan to address the country’s yawning wealth gap includes “a true minimum tax on billionaires and those with a net worth of $100 million” and creating a national public...
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