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Re: Newsom ♥️ Billionaires (fwd)



Unsurprising. > From: Noelle <noelle> > Date: Tue, 16 Jun 2026 09:50:10 -0700 (PDT) > > > Date: Tue, 16 Jun 2026 16:28:14 +0000 > > From: Lever Daily <http://www.levernews.com/~editor> > > > > Written by Veronica Riccobene. Edited by Emily Carmichael and Joel Warner. > > > > Unlikely bedfellows. Ca Gov. Gavin Newsom (D) is scrambling to kill > > a billionaire tax proposal, reportedly promising [ > > https://www.levernews.com/r/b58fbbac?m=c7c41f62-6bc5-4c98-ae9b-16d6eceafe07] > > a major Democratic donor during a call last month that he would negotiate > > away the proposed ballot measure before June 25, the deadline for signature > > collection. The one-time 5 percent tax — introduced by SEIU-UHW, a state > > healthcare workers union — would be levied on roughly 200 Ca > > residents with at least $1 billion in net worth. If passed, the tax is > > expected to raise $100 billion to help backfill Medicaid funding cut by the > > federal government, as well as other state social programs.   > > > > 💰 Newsom has the predictable support of anti-tax billionaires like Google�> > ��s Sergey Brin and Palantir’s Peter Thiel. Democratic-aligned > > organizations are also opposing the tax, including Ca’s Planned > > Parenthood branch and the state’s largest teachers’ union. > > > > 👀 This anti-tax coalition has reportedly taken “extraordinary lengths > > to isolate [ > > https://www.levernews.com/r/a9601538?m=c7c41f62-6bc5-4c98-ae9b-16d6eceafe07]�;> > �� SEIU-UHW President Dave Regan and deliver this message: Revoke the > > measure now, before it reaches the ballot, or risk being destroyed in a > > spending showdown.  > > > > 💬 “Dave Regan is seeing very plainly what he’ll be up against if he > > goes through with this,” one anonymous consultant working to defeat the > > billionaire tax told Politico [ > > https://www.levernews.com/r/cd62c8cc?m=c7c41f62-6bc5-4c98-ae9b-16d6eceafe07]


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