Gavin Newsom Proposes National Billionaires Tax and AI Equity Fund
California Governor Gavin Newsom has called for a national tax on billionaires and the creation of an AI equity fund, advocating for an "economic reset" where every American owns a piece of the future.
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Gavin Newsom calls for national billionaires tax: 'It's time for an economic reset'
California Gov. Gavin Newsom said he supports imposing "a true minimum tax on billionaires" and closing "tax-free lifestyle loan" loopholes for the rich.
Read full article →Gavin Newsom backs nationwide billionaire tax and an AI equity fund: 'Every American should own a piece'
California Gov. Gavin Newsom called for creating a national public equity fund that would hold stakes in the nation's largest AI companies. Jeff Chiu/AP Gov. Gavin Newsom said he will continue to oppose a potential California billionaire tax. Newsom said the controversial ballot initiative takes the wrong approach. Instead, Newsom said there should be a federal billionaire tax. Gov. Gavin Newsom says a controversial California initiative to impose a one-time tax on billionaires is aimed at ...
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