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Newsom Calls for National Billionaires’ Tax, Federal Stake in AI Companies

by Emmitt Barry, Worthy News Washington D.C. Bureau ChiefSACRAMENTO, Calif. (Worthy News) – California Gov. Gavin Newsom is calling for a national tax on billionaires and a federal stake in artificial intelligence companies, positioning himself closer to the Democratic Party’s populist wing as he weighs a possible 2028 presidential bid.In a Substack post Friday, Newsom said America needs “an economic reset,” arguing that concentrated wealth and power are threatening the nation’s democratic