Newsom’s National 'Billionaires' Tax
Podcast: Philip TeresiPublished On: Fri Jun 26 2026
Description: California Gov. Gavin Newsom is pushing for a federal tax on the ultra-wealthy, while at the same time opposing a similar proposal in California. Newsom is calling for an aggressive national tax on billionaires to address inequality and the impact of AI—but he opposes a similar California-only tax, arguing that wealth can easily move across state lines and that real reform must happen at the federal level. Please Like, Comment and Follow 'Philip Teresi on KMJ' on all platforms: --- Philip Teresi on KMJ is available on the KMJNOW app, Apple Podcasts, Spotify, YouTube or wherever else you listen to podcasts. -- Philip Teresi on KMJ Weekdays 2-6 PM Pacific on News/Talk 580 AM & 105.9 FM KMJ | Website | Facebook | Instagram | X | Podcast | Amazon | - Everything KMJ KMJNOW App | Podcasts | Facebook | X | Instagram See omnystudio.com/listener for privacy information.
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