Gavin Newsom's billionaire tax proposal triggered a sharp reaction from Elon Musk, David Sacks and Anthony Scaramucci.

California's billionaire tax heads to the November ballot despite Newsom's opposition. Tax passing at 35% YES.

California’s governor, who is considering a White House run, proposed an expansive national wealth tax last week, as well as an initiative to give Americans a stake in AI.

California Gov. Gavin Newsom on Friday proposed a national tax on billionaires that he says is the first part of an “economic reset for America” agenda, which aides explicitly say…

California Gov. Gavin Newsom is calling for a national “billionaires' tax” and suggests the U.S. government should own a stake in AI companies

Newsom said he remained opposed to California's proposed billionaire tax which will go before voters this November.

As California Gov. Gavin Newsom eyes a 2028 presidential bid, he's calling for a national tax on billionaires and a public stake in AI, though he opposes a state ballot measure to…

California Gov. Gavin Newsom said he supports imposing "a true minimum tax on billionaires" and closing "tax-free lifestyle loan" loopholes for the rich.

California governor calls for national tax on super-wealthy and suggests the US should own a stake in AI companies

Gov. Gavin Newsom is proposing a national billionaires' tax, which comes a day after the state wealth tax measure he opposes qualified for the November ballot.

Gavin Newsom's billionaire tax proposal triggered a sharp reaction from Elon Musk, David Sacks and Anthony Scaramucci.

Oh, and he wants to create an AI slush fund...