California Gov. Gavin Newsom proposes federal billionaire tax and AI “public equity” fund
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…
