Newsom Backs US Tax on Billionaires, but Not His State's
Tax policy debates center on growth versus redistribution as Americans weigh economic freedom.
Source: Newser
1 min read
California Gov. Gavin Newsom is pitching what he calls an "economic reset for America," and it starts with a new federal tax aimed at billionaires. In a Substack post and video on Friday, the Democrat endorsed a nationwide "true minimum tax on billionaires." The idea is that the ultrawealthy would
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