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Newsom calls for national billionaire tax

Politics The Hill By Finya Swai 26 Jun 2026 17:22 1 min read
Newsom calls for national billionaire tax

California Gov. Gavin Newsom (D) on Friday called for a national tax on the country’s wealthiest Americans, unveiling his plan to address growing wealth inequality a day after a proposed billionaire tax — to which he objected —  secured a spot on California’s November ballot. In an op-ed posted on Substack, titled “It’s time for a...

California Gov. Gavin Newsom (D) on Friday called for a national tax on the country’s wealthiest Americans, unveiling his plan to address growing wealth inequality a day after a proposed billionaire tax — to which he objected —  secured a spot on California’s November ballot. In an op-ed posted on Substack, titled “It’s time for a...

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