By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Concealed RepublicanConcealed Republican
  • Home
  • Latest News
  • Guns
  • Politics
  • Videos
Reading: Gavin Newsom Calls to Tax Billionaires While He Dodges His Own State’s Wealth Tax [WATCH]
Share
Notification Show More
Font ResizerAa
Font ResizerAa
Concealed RepublicanConcealed Republican
  • News
  • Guns
  • Politics
  • Videos
  • Home
  • Latest News
  • Guns
  • Politics
  • Videos
Have an existing account? Sign In
Follow US
  • Advertise
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Concealed Republican > Blog > Politics > Gavin Newsom Calls to Tax Billionaires While He Dodges His Own State’s Wealth Tax [WATCH]
Politics

Gavin Newsom Calls to Tax Billionaires While He Dodges His Own State’s Wealth Tax [WATCH]

Jim Taft
Last updated: June 27, 2026 9:26 am
By Jim Taft 7 Min Read
Share
Gavin Newsom Calls to Tax Billionaires While He Dodges His Own State’s Wealth Tax [WATCH]
SHARE

California Governor Gavin Newsom is at it again, trying to have it both ways in spectacular liberal fashion.

The Democrat governor is loudly calling for a federal tax on America’s billionaires, claiming it is time the wealthiest pay their fair share.

Yet, in a twist that only a California politician could manage with a straight face, Newsom is actively opposing a nearly identical wealth tax in his own state.

The proposed California measure would slap the state’s wealthiest residents with a heavy 5 percent tax, supposedly to fund healthcare programs.

Here’s What They’re Not Telling You About Your Retirement

As the measure officially heads to the November ballot, Newsom made sure voters knew he will not be supporting it.

He admitted he is voting against the measure, arguing that the fight over taxing the ultra rich should not be fought one state at a time.

Instead, he insists it belongs at the federal level.

According to Newsom, “The fight to make the wealthiest Americans pay more in taxes is not one we should be fighting state by state.”

This Could Be the Most Important Video Gun Owners Watch All Year

He claimed that the current tax mess was created in Washington, not Sacramento, declaring that it is the “broken system” of the federal government that needs fixing.

That reasoning might sound noble to his liberal base, but critics see it for what it is.

Newsom is trying to nationalize his political message, conveniently dodging responsibility for a tax that could drive even more wealthy residents, jobs, and investment out of California.

It is a political calculation, not a policy principle.

After all, the state’s sky-high taxes have already chased out businesses and billionaires to friendlier states with lower tax burdens.

Newsom argued that he opposes the state tax because nearly all of its revenue would go to healthcare alone, excluding schools, housing, childcare, and public safety.

“This is not how we should set California’s budget priorities,” he lectured, claiming that one “advocacy organization” should not be allowed to rewrite the state’s tax code.

If that logic sounds familiar, it is because Newsom used the same playbook before facing the gas tax battle, the education funding debates, and several failed policy initiatives that later collapsed financially.

He tries to look above the fray, positioning himself as the sophisticated liberal who supports reform in theory but balks the minute it becomes reality for California taxpayers.

While Newsom postures as a reformer, his new idea for a federal billionaire tax is widely seen as a political move with 2028 written all over it.

Political strategists on both sides of the aisle have speculated that Newsom’s sudden embrace of national tax reform is a calculated pivot toward a potential presidential run.

Taxing billionaires nationally might win applause from progressive primary voters, but it will hardly impress the rest of the country that is struggling to survive under ever expanding government control.

“The wealthy have their own private tax code full of loopholes and exemptions that most people have never heard of,” Newsom declared, adding that powerful politicians in Washington have protected these advantages for decades.

WATCH:

It is hard to ignore the irony of a man who governs a state built on those same political perks suddenly decrying them when he is eyeing the national stage.

California’s ballot fight is shaping up to be one of the most expensive political battles in the nation.

The state’s progressive activists are already celebrating their chance to transform California’s tax structure once again, while business leaders warn that the proposal could send even more companies fleeing to Texas, Nevada, and Florida.

The very people liberals claim they will tax are precisely the ones who can easily pack up and leave.

Newsom may believe he can keep one foot in both camps, appealing to Silicon Valley billionaires with one hand while appeasing progressive activists with the other.

But as usual, the governor’s polished rhetoric collides hard with economic reality.

His call for a national wealth tax plays well on MSNBC, yet his opposition to the same plan locally reveals where his loyalties truly lie.

By opposing a state-level wealth tax, Newsom can please his ultra-rich donors, while by proposing a federal version, he can impress the Democrat base ahead of the presidential primaries.

It is the perfect double-act for a politician who thrives on symbolism but resists accountability.

Californians have seen the results of his governance firsthand—high costs, vanishing taxpayers, failing public services, and a mass exodus of working families.

So when Gavin Newsom declares war on billionaires, Americans should take it with a large grain of salt.

For all his talk about fairness and reform, this is a familiar script: lofty speeches about justice paired with policies that only hurt his own state.

The real mystery is how long California voters will keep buying the performance.

The Real MOU: What Trump’s Iran Agreement Actually Says – Truth Thursday | EP 677


The opinions expressed by contributors and/or content partners are their own and do not necessarily reflect the views of LifeZette. Contact us for guidelines on submitting your own commentary.

Read the full article here

You Might Also Like

EXCLUSIVE: School District Cares More About Hiring ‘Diverse,’ ‘Culturally Competent’ Teachers Over Effective Ones

REPORT: Biden Wanted Michigan Gov. Gretchen Whitmer As Running Mate But Felt Forced To Pick Kamala

“We’ll Bomb the Sh*t Out of Them” [WATCH]

Trump Administration Announces Crackdown on Fraud

Finnish Study Finds No Evidence Gender Affirming Care Improves Mental Health

Share This Article
Facebook X Email Print
Previous Article Tourist Chaos Erupts in Spanish Resort as a Grown Man Attacks Teenage Girl Over Pool Chair [WATCH] Tourist Chaos Erupts in Spanish Resort as a Grown Man Attacks Teenage Girl Over Pool Chair [WATCH]
Next Article Attorney blasts Hawaii for using Black Code to defend gun restriction Attorney blasts Hawaii for using Black Code to defend gun restriction
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

Medicare red tape turned insurers into villains
Medicare red tape turned insurers into villains
News
Venezuela earthquake death toll hits 920 as US rescue teams deploy
Venezuela earthquake death toll hits 920 as US rescue teams deploy
News
Mamdani Vows to Defy Federal Law and the Supreme Court to Defend Noncitizens [WATCH]
Mamdani Vows to Defy Federal Law and the Supreme Court to Defend Noncitizens [WATCH]
Politics
Tom Sandoval Caught on Camera Appearing to Shove Girlfriend’s Father Into Firepit During Heated Fight [WATCH]
Tom Sandoval Caught on Camera Appearing to Shove Girlfriend’s Father Into Firepit During Heated Fight [WATCH]
Politics
Etsy cracks down on spell-casting after a decade of turning a blind eye
Etsy cracks down on spell-casting after a decade of turning a blind eye
News
9/11 victim’s brother slams Democratic nominees with terror ties in NJ, NY
9/11 victim’s brother slams Democratic nominees with terror ties in NJ, NY
News
© 2025 Concealed Republican. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?