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Posts tagged as “Federal Taxes”

Gavin Newsom Calls for National Billionaire Tax While Opposing California Wealth Tax

California Governor Gavin Newsom has launched his boldest national economic proposal yet, calling for a federal tax on America's wealthiest individuals just one day after a California billionaire tax measure advanced to the November ballot despite his opposition. The move positions Newsom at the center of a growing debate over wealth inequality while fueling speculation about a future White House campaign.