tldrdailynews.com logo
Tag

Gavin Newsom

All articles tagged with #gavin newsom

Newsom Overhauls California Education Governance, Moves Power from Elected SPI to Governor-Appointed Commissioner
politics23 hours ago

Newsom Overhauls California Education Governance, Moves Power from Elected SPI to Governor-Appointed Commissioner

Gov. Gavin Newsom signed AB 181, a budget trailer bill that shifts day-to-day control of California’s education system from the elected State Superintendent of Public Instruction to a governor-appointed Education Commissioner, a move critics call an undemocratic power grab while supporters say it modernizes governance; the change drew backlash from educators and SPI hopeful Sonja Shaw, who vows to challenge the measure in court.

via Fox News|
#ab-181#california#education-governance
California stands by trans athletes in girls’ sports after SCOTUS ruling, drawing backlash
politics6 days ago

California stands by trans athletes in girls’ sports after SCOTUS ruling, drawing backlash

After the Supreme Court upheld state bans on transgender athletes in girls’ sports, California officials said the state would continue to allow transgender athletes to compete against girls, framing it as protecting dignity while drawing criticism from activists and rivals who view it as political positioning. Protests and advocacy groups like Save Girls Sports amplified the controversy surrounding gender identity in athletics.

via Fox News|
#gavin-newsom#girls-sports#politics
Newsom Pushes National Billionaire Tax as Economic Reset Plan
politics13 days ago

Newsom Pushes National Billionaire Tax as Economic Reset Plan

SFist's Morning Links notes California Gov. Gavin Newsom proposed a national billionaire tax as the first step in his 'economic reset for America' agenda, tied to a possible 2028 White House bid, while the roundup also covers a fireworks cache arrest in Alameda County, Anna Wintour's SF visit and Vogue World intrigue, San Jose Sharks' draft moves, JD Vance's Nixon remark, and a Chet Hanks ad campaign for a morning-after pill.

via SFist|
#economic-reset#gavin-newsom#national-billionaire-tax
politics14 days ago

Newsom bets on a national wealth tax to redefine Democratic economics

California Gov. Gavin Newsom is pushing a national wealth tax as part of a broader populist economic agenda, even as he fights California’s own wealth tax on the ballot. The strategy aims to frame Democrats as fighters for a fairer economy and could influence his national profile ahead of a potential 2028 run; it also includes a proposal for a national public equity fund tied to AI profits and has drawn both sharp opposition and cautious support within the party.

via Politico|
#billionaires#california#gavin-newsom
Newsom Opposes California Billionaire Tax Amid Exodus Fears
politics14 days ago

Newsom Opposes California Billionaire Tax Amid Exodus Fears

California’s proposed one-time 5% billionaire wealth tax has been added to the November ballot despite Gov. Gavin Newsom’s opposition, with supporters arguing it would curb wealth concentration; Newsom warns the tax could trigger a mass exodus of wealth and talent to Texas or Florida and calls for a federal approach instead. The measure has endorsements from Bernie Sanders but faces legal challenges and skepticism over its legality and economic impact, amid concerns it could harm startups and investment in the state.

via Fox News|
#billionaire-tax#california#exodus
Newsom pitches nationwide billionaire tax and AI stake plan as economic reset
politics14 days ago

Newsom pitches nationwide billionaire tax and AI stake plan as economic reset

California Gov. Gavin Newsom is pushing a nationwide billionaire tax as part of an economic reset for America, advocating a true Buffett Rule minimum tax, closing loopholes, and restoring corporate rates, while proposing a national public equity fund to give Americans a stake in AI's future. He also opposes California’s upcoming wealth-tax ballot measure and frames the plan in a national policy context tied to potential 2028 presidential ambitions.

via CNBC|
#billionaire-tax#buffett-rule#gavin-newsom
Newsom pivots to national wealth tax and AI stake plan after California setback
politics14 days ago

Newsom pivots to national wealth tax and AI stake plan after California setback

California Governor Gavin Newsom proposes a nationwide wealth tax and a public equity fund to give Americans stakes in AI after failing to block a California billionaire tax ballot measure. The national plan would impose a minimum tax on fortunes of $100 million or more, create a national public equity fund for AI, and close loopholes for the ultra-wealthy, while the California initiative would levy a one-time 5% tax on assets above $1.1 billion with 90% of revenue directed to healthcare and the rest to education and food programs. Newsom frames the proposals as addressing wealth disparity and democracy as he eyes a potential 2028 White House bid, with some Democrats backing the ideas and others opposing the CA tax approach.

via NBC News|
#ai-equity-fund#california-billionaire-tax#gavin-newsom
Newsom pitches a federal billionaire tax as alternative to California wealth tax
politics14 days ago

Newsom pitches a federal billionaire tax as alternative to California wealth tax

California Gov. Gavin Newsom proposed a nationwide billionaire tax on individuals with net worth over $100 million and a $ national public equity fund to share wealth and fund worker transitions, childcare, higher education, healthcare and an AI-focused industrial strategy—calling it an “economic reset” that could curb wealth concentration and AI-driven disruption. He also said he would vote against California’s own billionaires’ tax, arguing the measure could drive business away, as Democrats tilt toward populist economic policy and Newsom weighs a possible 2028 bid.

via CNN|
#ai-economy#billionaire-tax#california
Schiff Questions DOJ Probe Into Newsom, Citing Trump-Era Abuses
politics18 days ago

Schiff Questions DOJ Probe Into Newsom, Citing Trump-Era Abuses

Sen. Adam Schiff, a Newsom ally, acknowledged that a DOJ probe into Gov. Gavin Newsom and his wife could have merit but argued theTrump-era DOJ has shown “terrible abuse” of its power. He noted Newsom’s claim that President Trump directed the DOJ to probe him as political retaliation and highlighted that the investigations focus on tax records and nonprofits tied to Jennifer Siebel Newsom, plus an expanded inquiry related to Newsom’s former chief of staff. Schiff urged the DOJ to demonstrate legitimacy, pointing to past prosecutions he views as abuses, while Newsom frames the probe as retaliation as he contemplates a 2028 presidential run.

via New York Post|
#adam-schiff#california#department-of-justice
Ex-staffer’s Guilty Plea Tightens Spotlight on Newsom DOJ Probes
politics20 days ago

Ex-staffer’s Guilty Plea Tightens Spotlight on Newsom DOJ Probes

Federal probes into Gov. Gavin Newsom and his wife widen as ex-chief of staff Dana Williamson pleads guilty to conspiracy to loot a campaign account tied to Xavier Becerra, plus false tax returns and FBI lies regarding Activision Blizzard. Williamson’s case, still under sentencing, puts Newsom’s circle under scrutiny while he maintains no wrongdoing and frames the inquiries as politically motivated. Legal experts say the investigations could be embarrassing but aren’t proof of misconduct by Newsom, though they keep open the possibility of broader implications if more links emerge; no charges have been filed against Newsom or Siebel Newsom.

via New York Post|
#activision-blizzard#dana-williamson#doj-investigations
Union Chief Takes On Newsom Over Billionaire Tax as 2028 Buzz Grows
politics21 days ago

Union Chief Takes On Newsom Over Billionaire Tax as 2028 Buzz Grows

SEIU-United Healthcare Workers West president Dave Regan condemns Gov. Gavin Newsom in a rare interview for opposing California's proposed one-time 5% tax on fortunes above $1 billion, arguing Newsom panders to the billionaire class as he contemplates a 2028 presidential bid. Regan warns that such deference could fuel Trumpism if Democrats cater to the wealthy. The measure has qualified for the November ballot but could be withdrawn; Newsom has rejected the plan as poorly designed and floated a 2% legislative option that supporters rejected. Billionaire donors, including Sergey Brin, are funding efforts to defeat the measure, while supporters say the tax would fund healthcare and offset federal cuts.

via New York Post|
#billionaire-tax#california-ballot#dave-regan
Newsom sticks to opposition as California billionaire tax fight escalates
politics21 days ago

Newsom sticks to opposition as California billionaire tax fight escalates

California Gov. Gavin Newsom refuses to back a compromise reducing a proposed 5% wealth tax on the state’s billionaires, saying he remains opposed to a California-only wealth tax. A union-led coalition had urged support for a 2% wealth tax in exchange for withdrawing its ballot initiative, arguing the levy could help prevent Medicaid/Medicare-like healthcare cuts. Supporters, including Rep. Ro Khanna, frame the move as a moral test for the Democratic Party and a chance to protect healthcare for Californians, while Newsom stands firm against the plan.

via Common Dreams|
#california#california-billionaires-tax#gavin-newsom