Source: New York Post
Rep. Ro Khanna has accused Gavin Newsom of backing away from California’s proposed billionaire wealth tax because he fears retaliation from wealthy political donors. The outspoken Silicon Valley congressman, who has built a national reputation as one of the Democratic’s leading lefties, said many elected officials have been reluctant to publicly embrace Prop 40, a measure that would impose a one-time 5% tax on the wealth of California billionaires, POLITICO reported.
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