A tax strategy known informally as “buy, borrow, die” is the latest flashpoint in the debate over wealth inequality after California Gov. Gavin Newsom last week called on lawmakers to eliminate what he describes as a loophole for the ultra-rich. The strategy gets its name from what boils down to a three-step approach to lowering taxes. First, … Read more
Gavin Newsom calls for national tax on billionaires – CBS News Watch CBS News California Gov. Gavin Newsom called for a national tax on billionaires. Democratic strategist and former Biden adviser John McCarthy and Republican strategist T.W. Arrighi return to “The Takeout” to discuss. Source link
The Governor, his wife and California’s ‘behested payments.’ Source link
California Gov. Gavin Newsom is calling for a national minimum tax on billionaires and a federal fund that would give every American a stake in the wealth created by artificial intelligence, laying out a populist economic agenda in an essay published Friday on Substack. At the same time, Newsom, who is mulling a 2028 White … Read more
After failing to block from the ballot a measure that would enact a billionaire tax in his state, California Gov. Gavin Newsom is now proposing a national wealth tax of his own. Limited time: Save 25% on NBC News subscription Get exclusive reporting, live Q&As and ad-free reading. In a lengthy Substack post and video … Read more
Many Democrats are trying to put as much distance as they can between themselves and former President Joe Biden. California Gov. Gavin Newsom, who is publicly weighing a presidential bid, is instead embracing Biden, according to Axios. Political strategists Joel Payne and T.W. Arrighi join with analysis. Source link
California Gov. Gavin Newsom and his wife are the latest White House adversaries to claim they are now under investigation by the Justice Department. The DOJ has not commented on Newsom’s claim. The alleged investigation has raised questions about the powers of a federal grand jury. CBS News legal contributor Jessica Levinson breaks it all … Read more
California Gov. Gavin Newsom says he’s being investigated by the Justice Department, along with his wife. Chief Washington analyst Robert Costa breaks down what Newsom is saying and what’s known about the probes. Source link
What’s known so far about the Justice Department’s Gavin Newsom investigation – CBS News Watch CBS News California Gov. Gavin Newsom said Monday that the Justice Department is investigating him and his wife. Newsom said there’s no crime. CBS News investigative correspondent Julie Watts reports. Source link
California Gov. Gavin Newsom says Justice Department investigating him and his wife – CBS News Watch CBS News California Democratic Gov. Gavin Newsom said on Monday the Justice Department is investigating him and his wife. Newsom accused President Trump of using the DOJ to target him because of his political ambitions. Source link