This looks like Newsom is acting in bad faith.

If Newsom actually wanted this tax in any form, he'd support the current California version, and advocate for a carve-out exception for those already taxed previously under California's version from the future Federal version.

Instead, he's trying to torpedo the California one that actually has a chance at being implement.

People who fall for this guy's bullshit and think he is on our side are so sad and insufferable.

Makes sense, actually.

While against the one in his own state. He is a two faced centrist, family friends with the Pelosi'. Won't get change electing him.

We are wayy past billionaire tax. We need a logarithmic wealth tax with a soft wealth cap.

Get this guy outta here

It's because one, he has control over, so naturally, gotta put a stop to that. The other, he's sure won't happen, so it's safe to "support" it, in order to entice rubes into voting for him.

Again I say, this is a sheep in wolfs clothing. He's a more polished fetterman. You should not support him.

There absolutely should be taxes on the billionaire class: 50% capital gains over a certain amount, limitations on borrowing against stock assets, increased income tax on income over $1m, and no cutoff on social security tax, just to name a few. That class should not exist and taxes are a great way to move that forward.

He knows a national tax won't be happening.

And if he got elected Prez he’d drop the national one.

Just more virtue signaling bs by a useless establishment neo-lib.