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Why Gavin Newsom faces a ‘no-win situation’ with billionaire tax

Marcus Chen
Managing Editor · Tuesday, November 3, 2026 at 2:00 PM · 1 min read
Why Gavin Newsom faces a ‘no-win situation’ with billionaire tax

The governor and likely 2028 presidential contender opposes Proposition 40. But even if the measure fails, as polling suggests it might, he could face political backlash.

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