Gavin Newsom calls for national billionaires tax: 'It's time for an economic reset'

· cnbc.com

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

Governor Gavin Newsom attends the 94th Annual Meeting of the United States Conference of Mayors in Long Beach, California on June 4, 2026.

California Gov. Gavi...


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