On the recordJune 27, 2026
The system is fundamentally broken. The federal tax code, a corporate code, and an inheritance code were written for a different set of Americans. It’s time for an economic reset.
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foxnews.comThe system is fundamentally broken. The federal tax code, a corporate code, and an inheritance code were written for a different set of Americans. It’s time for an economic reset.
Calling for a national billionaire tax and economic reset.
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More from Gavin Newsom
We recognize we have agency. We’re not bystanders of the world. We can shape the future.
California has chosen a different path – one that rewards work, grows the economy and puts working families first. We believe if you work hard, you deserve a decent paycheck. They think $7.25 an hour is enough. We don’t.
We have to be sober about this moment. The old rules no longer apply. The new rules are being written, and I don’t want them written by the other side.