‘MILLIONS OF AMERICANS DYING’: Newsom’s Billionaire Tax Bombshell, Declares System ‘Broken’
California Governor Gavin Newsom has renewed his call for a national billionaire tax, arguing that the U.S. economic system is “fundamentally broken” while millions of Americans continue to struggle with healthcare costs. In a public statement, Newsom said the country should end corporate tax loopholes and build an economy that better supports working people. His remarks came as he signed California’s balanced 2026–27 state budget, which the governor described as protecting residents while investing in the state’s long-term future. Newsom said responsible budgeting and major public investments can go hand in hand, rejecting what he called a false choice between fiscal discipline and helping ordinary Americans.
#GavinNewsom #California #BillionaireTax #USPolitics #Healthcare #Economy #BreakingNews #TaxReform #CorporateTaxes #WealthInequality #Democrats #Budget #Sacramento #NewsUpdate #Politics
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