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Newsom's $100B Billionaire Tax Will Drive California's Last Wealthy Out artwork
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Newsom's $100B Billionaire Tax Will Drive California's Last Wealthy Out

News For Reasonable People by Sean Reynolds

Jul 16, 202600:19:10News & Politics

California's SEIU-UHW union is pushing a ballot initiative that would slap a 5% excise tax on net worth above $1 billion — targeting roughly 200 people across the entire state and projecting $100 billion over five years....

About This Episode

Newsom's $100B Billionaire Tax Will Drive California's Last Wealthy Out is an episode from News For Reasonable People by Sean Reynolds. California's SEIU-UHW union is pushing a ballot initiative that would slap a 5% excise tax on net worth...

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Episode Details

Published Jul 16, 2026, 00:19:10 long, audio available.