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Newsom Pushes Massive Billionaire Tax - Another Liberal 'Reset'

June 26, 2026·19 days ago·via CNBC
Newsom Pushes Massive Billionaire Tax - Another Liberal 'Reset'
California Governor Gavin Newsom is calling for a national billionaires tax, framing it as necessary for an "economic reset." This is classic progressive politics - targeting wealth creators and successful entrepreneurs rather than addressing government's chronic spending addiction. Newsom's proposal exemplifies how Democrats consistently blame the wealthy for problems actually caused by bloated bureaucracies, wasteful programs, and fiscal mismanagement. Read more about this...

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