Newsom says California wealth tax 'really damaging' as billionaires move money, businesses out of state California Governor Gavin Newsom warns the proposed wealth tax is "damaging," as billionaires and public figures flee state ahead of its potential 2026 ballot measure. Orignial Source: https://www.foxbusiness.com/politics/newsom-says-california-wealth-tax-really-damaging-billionaires-move-money-businesses-out-of-state Previous article: Global central bank leaders back Fed Chair Powell amid federal investigation Prev Next article: Venezuela reopens oil wells and resumes crude exports following Trump administration policy changes Next