Backers of California's Billionaire Tax Plan to Attack Gov. Gavin Newsom in Early Presidential Primary States

Backers of billionaire tax plan to attack Newsom in early presidential primary states

The ad, funded by backers of the wealth tax, castigates Newsom for opposing Proposition 40, the ballot measure that would impose a 5% tax on California billionaires' assets.

Backers of California's billionaire tax plan to attack Gov. Gavin Newsom in early presidential primary states

Foes of Gov. Gavin Newsom, who is widely viewed as a likely 2028 presidential candidate, are launching television and digital ads this weekend in early primary states that criticize the governor's opposition to the proposed billionaire tax on California's November ballot.

Prop 40 Backers Launch Ads Against Newsom in Primary States

Billionaire tax supporters plan ads in New Hampshire, Nevada and more, accusing Gov. Newsom of siding with billionaires over Proposition 40.