Gavin Newsom calls for national tax on billionaires

California Governor Gavin Newsom called for a national minimum tax on anyone worth more than $100 million on June 26, 2026, pitching the proposal as an "economic reset" to combat elite wealth concentration. Published in a Substack post, the federal plan is a strategic political pivot designed to counter a certified California ballot measure that Newsom strongly opposes.Become a supporter of this podcast: https://www.spreaker.com/podcast/today-magz--6737390/support.Don’t miss our latest episodes! Please follow me to stay updates with fresh news everyday. Let’s keep the support this podcast to stay updates news everyday.