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RandySF

(87,498 posts)
Mon Jun 15, 2026, 02:47 PM 13 hrs ago

Gavin Newsom Races to Sink Billionaire Tax

“Gov. Gavin Newsom is mounting a last-ditch pressure campaign to stop a proposed California billionaire tax from ever reaching voters,” Bloomberg reports.

“During a call last month, he assured a major Democratic donor the levy would be successfully negotiated away before a June 25 deadline.”


https://politicalwire.com/2026/06/15/gavin-newsom-races-to-sink-billionaire-tax/

9 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

Auggie

(33,352 posts)
2. Our side. Newsom promotes a national tax, otherwise billionaires just move out of state.
Mon Jun 15, 2026, 04:18 PM
12 hrs ago

He's right

Buddyzbuddy

(2,991 posts)
5. From a former Newsom voter/supporter, f*ck you Newsome.
Mon Jun 15, 2026, 05:45 PM
10 hrs ago

Last edited Mon Jun 15, 2026, 07:49 PM - Edit history (1)

I take what I can get when I can get it. None of this Whimpy crap of "I'll gladly pay you tomorrow for a hamburger today".

The hell with promises of better things down the road. This doesn't in anyway prevent a National billionaire tax down the road.

If a billionaire wants to move out of state because he/she doesn't want to pay for the privelege of living in my beautiful state, f*ck 'em. Good luck moving to your Red state, you bum.

THIS is how they win. How they kick the can down the road. Social Security in trouble when the solution is right there. Running the USPS into the ground because they want to privatize it so they can take over the pension. Getting 3 Supreme Court Justices because we didn't fight for the right. Giving Bush the Presidency because we wanted to be dignified.

ENOUGH!!!

Buddyzbuddy

(2,991 posts)
9. Thanks, I think I've always spelled it that way.
Mon Jun 15, 2026, 07:47 PM
8 hrs ago

Correction, incoming. Mustn't insult the wrong person.

MichMan

(17,559 posts)
7. Does it address how the state is planning on determining the net worth of it's residents to see who is eligible
Mon Jun 15, 2026, 06:39 PM
9 hrs ago

for the tax and then how much they would owe?

marble falls

(73,238 posts)
8. There's that many Democratic billionaire voters in Calaforia? What's he afraid of? Bringing out ...
Mon Jun 15, 2026, 06:40 PM
9 hrs ago

... Democrats and Progressives out to the polls??

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