billionaires' tax
Coverage of billionaires' tax in the Nexus archive.
- ‘A gulf of difference between us’: Khanna goes after Newsom on the billionaire tax
Khanna criticizes Newsom's alternative to the billionaires' tax, framing the debate as a conflict over the Democratic Party's direction. The governor proposes a different approach to taxing wealth, which the congressman opposes.
- Newsom, opponent of California billionaire tax, calls for national billionaire tax
California Gov. Gavin Newsom announced support for a national 'billionaires' tax while maintaining opposition to a similar ballot measure in California. The move highlights a political challenge as he considers a potential White House run.
- Newsom urges a national ‘billionaires’ tax’ while fighting one in California
California Gov. Gavin Newsom is advocating for a national 'billionaires' tax' and proposes that the U.S. government should own a stake in AI companies. Meanwhile, he is opposing a similar tax at the state level in California.
- Newsom urges a national 'billionaires' tax' while fighting one in California
California Gov. Gavin Newsom advocates for a national 'billionaires' tax' and federal ownership of AI companies, while opposing a similar state-level tax proposal in California. He argues wealth concentration threatens democracy and proposes reforms to inheritance taxes, corporate tax rates, and AI equity distribution.
- Newsom urges a national 'billionaires' tax' while fighting one in California
California Gov. Gavin Newsom advocates for a national billionaires' tax and government ownership of AI companies, opposing a similar state-level proposal in California due to concerns it may drive billionaires out of the state. He proposes federal tax reforms, including a minimum tax on individuals with over $100 million in net worth and higher corporate tax rates, to address wealth concentration and fund social programs.