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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 clos...

LATEST NEWS June 26, 2026

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.

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California Gov. Gavin Newsom said he supports imposing "a true minimum tax on billionaires" and closing "tax-free lifestyle loan" loopholes for the rich.

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