Gavin Newsom Rejects California Billionaire Tax Ballot Measure

Gavin Newsom Rejects California Billionaire Tax Ballot Measure California Governor Gavin Newsom announced he will vote against a ballot measure proposing a one-time 5% tax on billionaires to help offset federal healthcare cuts. Newsom argued the plan focuses too narrowly on healthcare, ignores funding for public schools, and could encourage wealthy residents to leave California. Instead, he called for a national billionaire tax. Representative Ro Khanna and Senator Bernie Sanders backed the proposal, saying it would protect healthcare for millions of Californians. The measure has officially qualified for California’s November ballot, setting up a major political debate. #GavinNewsom #California #BillionaireTax #USPolitics #BreakingNews #PoliticalNews #BernieSanders #RoKhanna #YouTubeShorts #News Tags: Gavin Newsom, California, billionaire tax, Ro Khanna, Bernie Sanders, California ballot, US politics, political news, breaking news, healthcare, public schools, taxes, California news, Donald Trump, Democrats, latest news, YouTube Shorts, American politics, economy, trending