Gov. Gavin Newsom declares war on Americas billionaires while bizarrely opposing California wealth tax

California Gov.Gavin Newsom proposed a tax on America’s billionaires — while remaining in steadfast opposition to the very same levy on the wealthiest in his state.After California’s own billionaires tax was approved for the November ballot, Newsom announced that he supports a national billionaires tax “that ensures the people at the very top pay at least the tax rate their own workers pay.”Newsom has long opposed the proposed California measure, which would hit the state’s wealthiest with a 5% tax to cover healthcare costs in the state.“Last night, it became certain that a wealth tax would be placed on the November ballot in California.

I’m voting no,” Newsom said on Friday, adding that “the fight to make the wealthiest Americans pay more in taxes is not one we should be fighting state by state.”“The fight belongs at the federal level, where this broken system was created in the first place.”California Post News: Facebook, Instagram, TikTok, X, YouTube, WhatsApp, LinkedInCalifornia Post Sports Facebook, Instagram, TikTok, YouTube, XCalifornia Post Opinion California Post Newsletters: Sign up here!California Post App: Download here!Home delivery: Sign up here!Page Six Hollywood: Sign up here!...