California Gov. Gavin Newsom called for a nationwide tax on billionaires as part of a broader “economic reset for America.”
Newsom, who is considered to be a 2028 presidential contender, also reiterated his opposition to a state-level wealth tax that Californians will vote on in November.
He also called for creating a “national public equity fund” to help “ensure every American owns a stake in the future being built by AI.”
Californians are proposing a billionaire tax and he promised to veto it.
Also, we don’t want a stake in AI. We want to burn it to the fucking ground because it’s ruining everything right now.
Newsom is such a duplicitous motherfucker.