Gavin Newsom Proposes National Billionaires Tax and Public Equity Fund

California Governor Gavin Newsom has called for a national tax on billionaires as part of an 'economic reset' agenda. He also proposed the creation of a public equity fund to give Americans stakes in AI-driven industries, while opposing California's state-level wealth tax referendum.

By Kevin Breuninger · CNBC ·

Gavin Newsom Proposes National Billionaires Tax and Public Equity Fund

Topics: 2028 Presidential Election Billionaires Tax Economic Reset Tax Policy

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