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Mmastodon WorldPolitics first seen 6 d ago, last 6 d ago, peak #6

Newsom backs measure to kill billionaire tax and ban wealth taxes

Original: Gavin Newsom backs measure to kill the billionaire tax and ban future wealth taxes https:// lemmy.dbzer0.com/post/767920

California Governor Gavin Newsom is reported to have backed a measure that would eliminate a tax targeting billionaires and prohibit future wealth taxes in the state. The move places him against progressive advocates who have pushed taxing extreme wealth, and is drawing criticism from those who see it as a shift away from wealth-tax policies ahead of his national political ambitions.

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Gavin NewsomCalifornia

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