Not only has Gov. Gavin Newsom vocally opposed the proposed California billionaire tax, but he also wants to prevent the state from ever passing a wealth tax in the future.
On Friday he endorsed Proposition 42, a ballot measure that would cancel out Proposition 40, the proposed billionaire tax. Prop. 42 would prohibit retroactive taxes like the one-time 5% tax on assets that would apply to any billionaire who lived in California on Jan. 1, 2026 if Prop. 40 passes.
But Prop. 42, funded and placed on the ballot by billionaire and Google co-founder Sergey Brin to defeat the billionaire tax, also would go further, by banning any new taxes on personal property.
That includes pensions and 401K accounts before retirees start drawing retirement income from them. It also includes other investments, financial assets, business holdings, art collections and all other forms of personal wealth that would be affected by the billionaire tax or any future wealth tax.
Newsom’s decision to support Prop. 42 runs counter to his own Democratic Party and some labor unions. It also aligns him with some of the wealthy tech donors with whom he’s maintained longstanding relationships dating back to his days as mayor of San Francisco.
better work on your gag reflexes folks, because they are going to ram this guy down our throats so hard in 2028
On the bright side, he won’t get elected in 2028 if they do that. On the down side, it’ll mean handing MAGAts another victory.
Maybe. He’s losing popularity in his home state though, and I wonder how attractive a candidate whose home state doesn’t like them will be at the national level.
Didn’t stop Al Gore.
Al Gore literally had the presidency stolen from him by SCOTUS.
From Wikipedia:
An analysis of the NORC data by University of Pennsylvania researcher Steven F. Freeman and journalist Joel Bleifuss concluded that, no matter what standard is used, after a recount of all uncounted votes, Gore would have been the victor.
I can’t blame Gore for unpopularity when he won the popular vote, and would have won the electoral vote had they just been allowed to actually count the votes fairly.
Former Vice President Al Gore. Gavin Newsom has never been VP with a President who’s not running again.
Yeah he’s just another hypocrit, everybody with half a brain already knew that.
I am begging you to remember, '28 Democratic primary voters: If he does it to us, he’ll do it to you.
It’s rare that a politician is required to make such a clear choice between the wealthy elite and regular working people. Most of the time that is done in secret or with plausible deniability. This is really Gavin just saying, “I choose rich people.”
This bastard is as sleazy as he looks. Fucking 80s after school special villain that’s gonna take over the rec center to turn it into overpriced condos.
For everyone who was Team Newsom when he was busy taunting Trump with his tweets, this is why not everyone was bought in to Newsom 4 Prez. He’s a lizard.
This is the reason fucking Democrats lose the election. Fucking spineless slimy mother fucking corporate ass licking fucks. Fuck you gavin, eat a bag of dicks.
As a socialist that still votes for the lesser of two evils I look forward to them blaming me in a couple months because their absolute dog shit candidates dont win.
Is it the party and awful candidates to blame that they can’t attract enough votes? No it’s those stupid voters that won’t vote for our terrible candidates.
Vote Blue No Matter Who!!! </sarcasm>
A DNC ghoul is still a better pick than any MAGA goon.
You miss the actual truth here, by supporting corportist dems, we allow republicans to win.
As if the dems weren’t the fucking oligarch tools themselves. Just because you have a bunch of half wits/bots voting with you, doesn’t mean you are correct here. Wake the fuck up.
Allowing the dem establishment to run the opposition is tantamount to surrender. The Dem Establishment are the oligarchy, Jesus Christ.
Oh yeah, I’m sure a Republican would be more interested in passing a wealth tax. Trump is all for em, haven’t you heard?!
Gavin recently vetoed a law that would stop California from extraditing people who are charged by other states for the crime of receiving healthcare in California. He said he couldn’t restrict future governors.
Now he’s supporting a bill to restrict future legislatures from passing wealth taxes.
Not only is he a bigot, he is also a hypocrite. He is term limited from running for Governor, but clearly is wanting to run for president someday. Let me make it completely clear to anyone reading. There are no circumstances that could ever convince me to vote for newsom. I hope he suffers whatever is the worst fate that can be described while following the rules of this community.
Not American, but this fucker’s a Democrat?
Wow, sorry guys, but you’re fucked. You really do need to press reset and start again.
With moves like that, we all KNOW the Dems are going to hold all of the rich pedophilic traitors responsible for their illegal actions FOR SURE!
I mean, he won’t tax them, but he will DEFINITELY arrest them, and have them convicted and imprisoned FOR SURE
With all of the illegal actions and stealing of our cash, the DEMS will DEFINITELY hold the tech bros responsible for their pedophilic and traitorous actions! Nevermind that the dem leadership is ALSO PAID BY THIEL. They will hold musk and co responsible and imprison them FOR SURE
Just keep voting for Dems and you will be able to beat those random two (or 6) that flip at key votes. If you vote a little harder for Democrats, they will be able to defeat the parliamentarian when they have the votes.
Nevermind that the Democrats have NEVER restored any benefits or programs that Republicans have cut (they had the votes in '96 and didn’t, Newsome could have done universal healthcare and he didn’t)
ITS TIME FOR SOMETHING ELSE. NO MORE FASCISM
Voting strategically for the least bad candidate presented by the two major parties is the only thing that has been shown to work. It’s how we have the DSA candidates in government that we actually have. None of them have ever won by running as a third party. Not a single one.
Which is why it’s so important to turn out during the primaries. Make sure Gavin isn’t the candidate by voting for candidates you actually like during the primaries. If he wins the nomination, and I sure hope he doesn’t, I’d still vote for him over JD Vance or whatever sick fascist wins the GOP nomination. That’s how it works.
I’d still vote for him over JD Vance or whatever sick fascist wins the GOP nomination.
You would, I would, but the 2024 election showed that this doesn’t speak to enough voters to win. If the Democratic Party leadership doesn’t act on that info, I’m not sure what to do
That doesnt work because always being the side that compromises means you lose ground every time.
The solution to this is electing politicians who promise not to compromise during primary season, NOT allowing your political enemies to win general elections. Even in a worst case scenario where your candidate is prancing around saying, “I love compromise!”, it’s still preferable to have a candidate who supports 50% of what you want than one who wants nothing you want and everything you don’t.
Voting strategically for the least bad candidate presented by the two major parties is the only thing that has been shown to work
It hasn’t worked. It gave us Clinton, the OG Epsteincrat. Then it gave us a string of loser shitlibs who caved to fascism at the first shove. And a long string of corporate cutouts - from Biden to Lieberman to Manchin to Fetterman - who only knew how to obstruct from within the Democratic party.
This strategy is why America is the only country in the industrial world without a public health care policy. It’s why we have exploding student debts and a housing crisis. Neoliberalism is a curse.
What is your strategy and can you point to it having worked recently? Electing Obama was preferable to electing McCain, was it not? Electing Clinton was preferable to reelecting Bush Sr., was it not? Electing Hillary would have been preferable to Trump. Y/N? Electing Biden was preferable to reelecting Trump. Y/N? Electing Harris would have been preferable to Trump. Y/N?
This isn’t complicated. The system is dead simple, and certain people keep making the wrong choices. We are a democracy. We have the government we have not because choices are being forced on us, but because our citizens keep making shitty choices. Can we not? Please?
Not trying to be pedantic but the housing crisis is not specific to the US, it’s a problem that exists in a lot of the Western world. The leave the other two as special US issues along with gun violence, incarceration rates along with a whole string of other issues that are American exceptionalism.
kompromat, controlled opposition, or just another scumbag?
I mean, Democrats in general are controlled opposition, so that’s not even a real question. They all serve the interests of capital, not the working class.
I’m really hating this trend of passing laws to prevent any future regulations of things.
Like the 10 years “you can’t touch AI” with your laws proposal.
Isn’t that what a Constitution’s for? A law that prevents other laws.
Oh look, Democrats have betrayed their own constituency again!?!
I, for one, am stunned
Who knew?!?
Newsom has shown, time and again, that he is a transphobic corporate shill. The real shocker would have been if he supported Prop 40.
“Runs counter to his own Democratic party…”
Reading is hard, huh?
Yeah, a lot of them suck, but generalizations suck too
Ha, yeah, I read it.
Just like eight Democrats “ran counter to their own Democratic party” with the last lame half-assed “attempt” to pass minimum wage.
No generalizations were made. The Democrats have betrayed their own constituents again. It’s a statement of fact.
You know what sucks? When someone doesn’t know what a “generalization” is.
… Continues to make generalizations. Says they’re not making generalizations and builds apathy.
I think corporate dems and neo-libs suck too, but comments like yours add nothing.
“Runs counter to his own Democratic party…”
But they’re not going to throw him out either, so… how about you work on those 1+1 skills.
