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

Posted on June 26, 2026
By CNBC
0 Views
1 min read

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.