Left-pressured Newsom calls for 'national billionaires tax'

California Gov. Gavin Newsom is seizing on the Democratic Party's anti-billionaire movement, despite his opposition to a ballot initiative that would tax his state's 200 resident billionaires.

Left-pressured Newsom calls for 'national billionaires tax'

TL;DR

  • California Governor Gavin Newsom is capitalizing on the Democratic Party's anti-billionaire movement.
  • Newsom opposes a ballot initiative that would tax the state's 200 resident billionaires.
  • His actions align with a broader anti-billionaire sentiment within the Democratic Party.