California Gov. Gavin Newsom doubles down on his criticism of the proposed billionaire wealth tax

Letters: Wealth tax is money grab by another name

Submit your letter to the editor via this form. Read more Letters to the Editor. Wealth tax is money grab by another name Re: “High-stakes wealth tax proposal roils uber rich” (Page A1, Jan. 25). A wealth tax on billionaires is a horrible idea. It is unconstitutional: a tax on wealth, not income. It’s never enough. The taxers will soon return with a lower threshold and a higher rate. Consider the income tax and the Alternative Minimum Tax, which…

'Billionaire' tax is a bait-and-switch to gouge the middle class

Proposals sold as targeting extreme wealth would turn any ownership into a recurring liability for the middle class.

Billionaire Tax: The California Dream Becomes a Nightmare

California is already home to some of the highest taxes in the country, and another tax increase may be on the ballot this year: the “billionaire tax.” This naked money grab is a one-time, 5% tax on anyone’s wealth over $1 billion—and people are literally leaving over it. California is already losing about one taxpayer per minute, and this lunatic proposal is gasoline on the fire.  Because it would be retroactive to January 1 of this year, the b…

California Gov. Gavin Newsom doubles down on his criticism of the proposed billionaire wealth tax

The California governor said the wealth tax “actually will reduce investments” in education, child care, and public safety.

Gavin Newsom vs California's Progressive Idiots

Gavin Newsom battles progressive policies in California over a controversial wealth tax proposal.