🦋bluesky first seen 10 h ago, last 32 min ago, peak #1
Newsom backs wealth tax ban
California Governor Gavin Newsom has come out in support of banning a wealth tax, drawing criticism from progressive Democrats who see the move as a break from his party's left wing. Supporters view it as a signal of moderation, while tax advocates say it shields billionaires and undermines efforts to fund public services.
Why now: Newsom is widely seen as a likely 2028 presidential contender, so his position on wealth taxes is being read as a signal about his national ambitions
Gavin NewsomCaliforniaDemocratic Party
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