General Discussion

...where higher earnings are taxed at higher rates. That is our most common form of "taxing the wealthy". Newsom is not against that.

The "Wealth Tax" policy idea is different. That is saying "we are going to annually tax people based on their net worth, over and over and over". So if I have a billion and a half dollars in savings, they would tax that a certain percentage, then that might bring that savings down it 1.3 billion or something but then next year, those same left over dollars get taxed again. He seems to be opposed to retaxing something that was already taxed.

I'm not saying I am personally against the Wealth Tax policy either. I'm actually fine with it (though its likely never getting passed anytime soon).

But in this big tent party, people are allowed to have nuance and not support every single progressive idea, as long as they agree with the overall concepts, I can tolerate that. We have to tolerate it if we are ever going to hold a coalition together that is large enough to outvote the roughly half of the country that generally opposes everything the left, center-left and even so called moderates, stand for.