Newsom begs Californians to vote ‘no’ on billionaire’s tax in face of mass exodus, pitches nationwide tax hike

CA billionaire tax faces legal challenge, Newsom opposes it FOX Business Host Cheryl Casone reports on California’s controversial billionaire tax, a one-time 5% levy on residents worth over $1 billion. This measure, which would retroactively apply from January 1, 2026, is opposed by Gov. Gavin Newsom. Critics question its legality and potential for billionaires to … Read more

California Gov. Gavin Newsom proposes federal billionaire tax and AI

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 losing one billionaire tax battle, Gavin Newsom prepares to wage another

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

Schiff silent on Biden-era Newsom probe report as California AG claims DOJ ‘weaponization’

NEWYou can now listen to Fox News articles! California Attorney General Rob Bonta doubled down on Gov. Gavin Newsom’s claims that the Trump administration is weaponizing the Justice Department after being pressed on reports that the federal probe involving Newsom and his wife originated in California and was not opened by the Trump Administration in … Read more

Breaking down the powers of a grand jury as DOJ allegedly investigates Gavin Newsom

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

DOJ responds after Newsom accuses Trump of investigating him and his wife

IE 11 is not supported. For an optimal experience visit our site on another browser. Flash floods threaten several Southern states 01:11 World Cup fans going viral for all the right reasons 01:25 Deadly skydiving plane crash 01:16 Eight dead after B-52 bomber crashes at California military base 01:52 Now Playing DOJ responds after Newsom … Read more

Newsom says he’s under investigation by Justice Department

Newsom says he’s under investigation by Justice Department – CBS News Watch CBS News California Gov. Gavin Newsom is accusing the Justice Department of abusing the grand jury process after he says it launched a federal investigation into him and his wife. CBS News California investigative correspondent Julie Watts has the details. Source link