Bernie Sanders and Gavin Newsom become adversaries over push to tax California billionaires [View all]
Source: AP News
As national Democrats search for a unifying theme ahead of the falls midterm elections, a California proposal to levy a hefty tax on billionaires is turning some of the partys leading figures into adversaries just when Democrats can least afford division from within.
Bernie Sanders will be in Los Angeles campaigning Wednesday for the tax proposal that has the Silicon Valley in an uproar, with tech titans are threatening to leave the state. Democratic Gov. Gavin Newsom is among its outspoken opponents, warning that it could leave government finances in crisis and put the state at a competitive disadvantage nationally.
Sanders is planning a late afternoon rally near downtown, and in the past he has turned out overflow crowds in the heavily Democratic city. The Vermont senator, a democratic socialist, is popular in California he won the 2020 Democratic presidential primary in the state in a runaway. Hes been railing for decades against what he characterizes as wealthy elites and the growing gap between rich and poor.
The issues that are really going to be motivating Democrats this year, affordability and the cost of health care and cuts to schools, none of these would be fixed by this proposal. If fact, they would be made worse, said Brian Brokaw, a longtime Newsom adviser who is leading a political committee opposing the tax.
(On edit, replaced last quoted paragraph, original repeated points found above.)
Link: https://apnews.com/article/california-billionaires-bernie-sanders-gavin-newsom-democrats-87a1e54f463aad49a2093382969e5cca