RReal EstateCCommunityDDiningSSchoolsBBusinessGGovernmentSSportsTTechnologyAArtsHHealth

Advertisement

Community

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

Marcus Chen
Marcus Chen
Managing Editor · Friday, October 9, 2026 at 8:30 PM · 1 min read
Gavin Newsom backs measure to kill the billionaire tax and ban future wealth taxes — Palo Alto Online, Woodside Community news
Image: Palo Alto Online

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 Palo Alto Online.

Up nextGavin Newsom backs measure to kill the billionaire tax and ban future wealth taxesCommunity · 1 min read
#local-election
You're offline — showing the last loaded page