Gavin Newsom urges a national 'billionaires' tax' while fighting one in California
Gavin Newsom speaks at the Center for American Progress Ideas conference in Washington DC on 19 May 2026. Photograph: Annabelle Gordon/ReutersView image in fullscreenGavin Newsom speaks at the Center for American Progress Ideas conference in Washington DC on 19 May 2026. “I understand the anxiety driving the wealth tax proposal in California.
- ▪Gavin Newsom speaks at the Center for American Progress Ideas conference in Washington DC on 19 May 2026.
- ▪Photograph: Annabelle Gordon/ReutersView image in fullscreenGavin Newsom speaks at the Center for American Progress Ideas conference in Washington DC on 19 May 2026.
- ▪“I understand the anxiety driving the wealth tax proposal in California.
Opening excerpt (first ~120 words) tap to expand
Gavin Newsom speaks at the Center for American Progress Ideas conference in Washington DC on 19 May 2026. Photograph: Annabelle Gordon/ReutersView image in fullscreenGavin Newsom speaks at the Center for American Progress Ideas conference in Washington DC on 19 May 2026. Photograph: Annabelle Gordon/ReutersGavin NewsomGavin Newsom urges a national 'billionaires' tax' while fighting one in CaliforniaCalifornia governor calls for national tax on super-wealthy and suggests the US should own a stake in AI companies US politics live – latest updates Nick Robins-Early and agenciesFri 26 Jun 2026 12.46 EDTSharePrefer the Guardian on GoogleCalifornia’s governor, Gavin Newsom, called for a national “billionaires tax” on Friday as he fights a ballot measure targeting the ultra-wealthy in his home…
Excerpt limited to ~120 words for fair-use compliance. The full article is at World news | The Guardian.