Gavin Newsom backs measure to kill the billionaire tax and ban future wealth taxes

This story was originally published by CalMatters. Sign up for their newsletters. 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 [ ] The post Gavin Newsom backs measure to kill the billionaire tax and ban future wealth taxes appeared first on The Almanac.